Houston Chronicle: CenterPoint’s rate hike deal goes to Public Utility Commission on Friday

Feb. 13 — The Texas Public Utility Commission on Friday is expected to consider the $13 million rate hike settlement that CenterPoint Energy hammered out last month with cities, big power users and consumer groups. The proposed deal is just a fraction of the increase that CenterPoint, the regulated utility that distributes most of the electricity in the Houston area, had sought. It would reduce transmission and distribution charges on most residential power bills by about 2 percent.

— Houston Chronicle