(State or other jurisdiction | (Commission File Number) | (IRS Employer | |||
of incorporation) | Identification No.) | ||||
(Address of principal executive offices) | (Zip Code) | ||||
Registrant’s telephone number, including area code: |
Securities registered pursuant to Section 12(b) of the Act: | ||
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
EXHIBIT NUMBER | EXHIBIT DESCRIPTION |
99.1 | |
99.2 | |
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
CENTERPOINT ENERGY, INC. | ||
Date: August 3, 2020 | By: | /s/ Kristie L. Colvin |
Kristie L. Colvin | ||
Interim Executive Vice President and Chief Financial Officer and Chief Accounting Officer |
Year Ended December 31, | |||||||
(In thousands) | 2019 | 2018 | |||||
Electric utility revenues | $ | 570,150 | $ | 582,504 | |||
Cost of fuel & purchased power | 165,900 | 186,203 | |||||
Total electric utility margin | $ | 404,250 | $ | 396,301 | |||
Margin attributed to: | |||||||
Residential & commercial customers | $ | 255,545 | $ | 251,443 | |||
Industrial customers | 95,107 | 93,604 | |||||
Other | 6,194 | 5,689 | |||||
Regulatory expense recovery mechanisms | 17,456 | 15,666 | |||||
Subtotal: Retail | 374,302 | 366,402 | |||||
Wholesale margin | 29,948 | 29,899 | |||||
Total electric utility margin | $ | 404,250 | $ | 396,301 | |||
Electric volumes sold in MWh attributed to: | |||||||
Residential & commercial customers | 2,608,827 | 2,754,307 | |||||
Industrial customers | 2,072,912 | 2,181,464 | |||||
Other customers | 21,113 | 22,251 | |||||
Total retail volumes | 4,702,852 | 4,958,022 | |||||
Wholesale | 495,281 | 856,350 | |||||
Total volumes sold | 5,198,133 | 5,814,372 |
Year Ended December 31, | |||||||
(In thousands) | 2019 | 2018 | |||||
MISO transmission system margin | $ | 24,957 | $ | 23,203 | |||
MISO off-system margin | 4,991 | 6,696 | |||||
Total wholesale margin | $ | 29,948 | $ | 29,899 |
Year Ended December 31, | |||||||
(In thousands) | 2019 | 2018 | |||||
Gas utility revenues | $ | 99,531 | $ | 100,044 | |||
Cost of gas sold | 33,623 | 40,309 | |||||
Total gas utility margin | $ | 65,908 | $ | 59,735 | |||
Margin attributed to: | |||||||
Residential & commercial customers | $ | 45,316 | $ | 42,898 | |||
Industrial customers | 10,781 | 10,108 | |||||
Other | 852 | 221 | |||||
Regulatory expense recovery mechanisms | 8,959 | 6,508 | |||||
Total gas utility margin | $ | 65,908 | $ | 59,735 | |||
Sold & transported volumes in MDth attributed to: | |||||||
Residential & commercial customers | 10,439 | 10,794 | |||||
Industrial customers | 30,170 | 32,825 | |||||
Total sold & transported volumes | 40,609 | 43,619 |
For the Year Ended | |||||||
December 31, | |||||||
2019 | 2018 | ||||||
OPERATING REVENUES (in thousands): | |||||||
Residential | $ | 210,443 | $ | 210,232 | |||
Commercial | 148,094 | 149,255 | |||||
Industrial | 159,892 | 162,143 | |||||
Other | 9,355 | 9,138 | |||||
Total Retail | 527,784 | 530,768 | |||||
Net Wholesale Revenues | 42,366 | 51,736 | |||||
$ | 570,150 | $ | 582,504 | ||||
MARGIN (In thousands): | |||||||
Residential | $ | 153,801 | $ | 151,168 | |||
Commercial | 101,744 | 100,275 | |||||
Industrial | 95,107 | 93,604 | |||||
Other | 6,194 | 5,689 | |||||
Regulatory expense recovery mechanisms | 17,456 | 15,666 | |||||
Total Retail | 374,302 | 366,402 | |||||
Wholesale power & transmission system | 29,948 | 29,899 | |||||
$ | 404,250 | $ | 396,301 | ||||
ELECTRIC SALES (In MWh): | |||||||
Residential | 1,409,212 | 1,486,582 | |||||
Commercial | 1,199,615 | 1,267,725 | |||||
Industrial | 2,072,912 | 2,181,464 | |||||
Other Sales - Street Lighting | 21,113 | 22,251 | |||||
Total Retail | 4,702,852 | 4,958,022 | |||||
Wholesale | 495,281 | 856,350 | |||||
5,198,133 | 5,814,372 | ||||||
AVERAGE CUSTOMERS: | |||||||
Residential | 128,344 | 127,439 | |||||
Commercial | 18,751 | 18,677 | |||||
Industrial | 116 | 115 | |||||
Other | 42 | 40 | |||||
147,253 | 146,271 | ||||||
WEATHER AS A % OF NORMAL: | |||||||
Cooling Degree Days | 115 | % | 136 | % | |||
Heating Degree Days | 95 | % | 101 | % |
For the Year Ended | |||||||
December 31, | |||||||
2019 | 2018 | ||||||
OPERATING REVENUES (In thousands): | |||||||
Residential | $ | 64,743 | $ | 65,125 | |||
Commercial | 22,507 | 24,055 | |||||
Industrial | 12,039 | 10,576 | |||||
Other | 242 | 288 | |||||
$ | 99,531 | $ | 100,044 | ||||
MARGIN (In thousands): | |||||||
Residential | $ | 35,690 | $ | 33,549 | |||
Commercial | 9,626 | 9,349 | |||||
Industrial | 10,781 | 10,108 | |||||
Other | 852 | 221 | |||||
Regulatory expense recovery mechanisms | 8,959 | 6,508 | |||||
$ | 65,908 | $ | 59,735 | ||||
GAS SOLD & TRANSPORTED (In MDth): | |||||||
Residential | 6,713 | 6,992 | |||||
Commercial | 3,726 | 3,802 | |||||
Industrial | 30,170 | 32,825 | |||||
40,609 | 43,619 | ||||||
AVERAGE CUSTOMERS: | |||||||
Residential | 101,906 | 101,475 | |||||
Commercial | 10,356 | 10,342 | |||||
Industrial | 112 | 112 | |||||
112,374 | 111,929 |
Year Ended December 31, | |||||||
(In thousands) | 2018 | 2017 | |||||
Electric utility revenues | $ | 582,504 | $ | 569,587 | |||
Cost of fuel & purchased power | 186,203 | 171,794 | |||||
Total electric utility margin | $ | 396,301 | $ | 397,793 | |||
Margin attributed to: | |||||||
Residential & commercial customers | $ | 251,443 | $ | 254,838 | |||
Industrial customers | 93,604 | 96,913 | |||||
Other | 5,689 | 5,617 | |||||
Regulatory expense recovery mechanisms | 15,666 | 9,611 | |||||
Subtotal: Retail | 366,402 | 366,979 | |||||
Wholesale margin | 29,899 | 30,814 | |||||
Total electric utility margin | $ | 396,301 | $ | 397,793 | |||
Electric volumes sold in MWh attributed to: | |||||||
Residential & commercial customers | 2,754,307 | 2,638,783 | |||||
Industrial customers | 2,181,464 | 2,096,523 | |||||
Other customers | 22,251 | 22,261 | |||||
Total retail volumes | 4,958,022 | 4,757,567 | |||||
Wholesale | 856,350 | 463,252 | |||||
Total volumes sold | 5,814,372 | 5,220,819 |
Year Ended December 31, | |||||||
(In thousands) | 2018 | 2017 | |||||
MISO transmission system margin | $ | 23,203 | $ | 25,498 | |||
MISO off-system margin | 6,696 | 5,316 | |||||
Total wholesale margin | $ | 29,899 | $ | 30,814 |
Year Ended December 31, | |||||||
(In thousands) | 2018 | 2017 | |||||
Gas utility revenues | $ | 100,044 | $ | 92,396 | |||
Cost of gas sold | 40,309 | 33,949 | |||||
Total gas utility margin | $ | 59,735 | $ | 58,447 | |||
Margin attributed to: | |||||||
Residential & commercial customers | $ | 42,898 | $ | 41,964 | |||
Industrial customers | 10,108 | 9,956 | |||||
Other | 221 | 1,004 | |||||
Regulatory expense recovery mechanisms | 6,508 | 5,523 | |||||
Total gas utility margin | $ | 59,735 | $ | 58,447 | |||
Sold & transported volumes in MDth attributed to: | |||||||
Residential & commercial customers | 10,794 | 9,113 | |||||
Industrial customers | 32,825 | 28,771 | |||||
Total sold & transported volumes | 43,619 | 37,884 |
For the Year Ended | |||||||
December 31, | |||||||
2018 | 2017 | ||||||
OPERATING REVENUES (in thousands): | |||||||
Residential | $ | 210,232 | $ | 200,821 | |||
Commercial | 149,255 | 154,564 | |||||
Industrial | 162,143 | 162,586 | |||||
Other | 9,138 | 9,246 | |||||
Total Retail | 530,768 | 527,217 | |||||
Net Wholesale Revenues | 51,736 | 42,370 | |||||
$ | 582,504 | $ | 569,587 | ||||
MARGIN (In thousands): | |||||||
Residential | $ | 151,168 | $ | 148,555 | |||
Commercial | 100,275 | 106,283 | |||||
Industrial | 93,604 | 96,913 | |||||
Other | 5,689 | 5,617 | |||||
Regulatory expense recovery mechanisms | 15,666 | 9,611 | |||||
Total Retail | 366,402 | 366,979 | |||||
Wholesale power & transmission system | 29,899 | 30,814 | |||||
$ | 396,301 | $ | 397,793 | ||||
ELECTRIC SALES (In MWh): | |||||||
Residential | 1,486,582 | 1,362,457 | |||||
Commercial | 1,267,725 | 1,276,326 | |||||
Industrial | 2,181,464 | 2,096,523 | |||||
Other Sales - Street Lighting | 22,251 | 22,261 | |||||
Total Retail | 4,958,022 | 4,757,567 | |||||
Wholesale | 856,350 | 463,252 | |||||
5,814,372 | 5,220,819 | ||||||
AVERAGE CUSTOMERS: | |||||||
Residential | 127,439 | 126,443 | |||||
Commercial | 18,677 | 18,648 | |||||
Industrial | 115 | 112 | |||||
Other | 40 | 40 | |||||
146,271 | 145,243 | ||||||
WEATHER AS A % OF NORMAL: | |||||||
Cooling Degree Days | 136 | % | 111 | % | |||
Heating Degree Days | 101 | % | 80 | % |
For the Year Ended | |||||||
December 31, | |||||||
2018 | 2017 | ||||||
OPERATING REVENUES (In thousands): | |||||||
Residential | $ | 65,125 | $ | 60,097 | |||
Commercial | 24,055 | 21,428 | |||||
Industrial | 10,576 | 9,820 | |||||
Other | 288 | 1,051 | |||||
$ | 100,044 | $ | 92,396 | ||||
MARGIN (In thousands): | |||||||
Residential | $ | 33,549 | $ | 32,707 | |||
Commercial | 9,349 | 9,257 | |||||
Industrial | 10,108 | 9,956 | |||||
Other | 221 | 1,004 | |||||
Regulatory expense recovery mechanisms | 6,508 | 5,523 | |||||
$ | 59,735 | $ | 58,447 | ||||
GAS SOLD & TRANSPORTED (In MDth): | |||||||
Residential | 6,992 | 5,860 | |||||
Commercial | 3,802 | 3,253 | |||||
Industrial | 32,825 | 28,771 | |||||
43,619 | 37,884 | ||||||
AVERAGE CUSTOMERS: | |||||||
Residential | 101,475 | 101,064 | |||||
Commercial | 10,342 | 10,304 | |||||
Industrial | 112 | 112 | |||||
111,929 | 111,480 |
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