BLOG: CenterPoint Profits, Rates On The Rise

by | Aug 3, 2017 | Blog

Thanks in large part to its repeated rate increases and customer growth, profits are up for CenterPoint Energy. That’s the word from the Houston Chronicle, which reported this week that its hometown electricity and natural gas distributor made profits of $135 million...

BLOG: Paying More with the GRIP Program

by | Jan 26, 2017 | Blog

The Gas Reliability Infrastructure Program, or GRIP, allows monopoly gas utilities to hike rates even if the company’s overall expenditures are on the decline, or even if its revenues are increasing. Under the rules of GRIP, a utility need only claim extra investment...