CenterPoint files proposal to promote energy efficiency, increase natural gas charges

Kyle McClenagan | Source: Houston Chronicle | Posted 10/25/2024

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Earlier this week, some CenterPoint customers received a message from the company stating that it had filed an Energy Conservation Program [ECP] portfolio and requested the approval of an ECP rate to support the program. The message said the ECP rate would be used to recover the cost of delivering energy conservation programs to customers.

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CenterPoint Energy has proposed a new program aimed at incentivizing reduced natural gas usage through updated equipment and implementing a new fee for natural gas customers. The proposal includes nine programs designed to decrease natural gas consumption in homes and businesses, with projected annual savings of $4.3 million for Texas customers.

The program would cost the average American home approximately $11.50 more per year under CenterPoint's proposed tariff, which would amount to an additional $0.016 per 100 cubic feet of natural gas. The budget for the initiative is estimated at $12.5 million, with funds to be collected through a volumetric rate tariff, if approved, starting on Jan. 1, 2025.

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Source Link: https://www.houstonpublicmedia.org/articles/news/energy-environment/2024/10/24/504036/centerpoint-files-proposal-to-promote-energy-efficiency-increase-natural-gas-charges/

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CenterPoint files proposal to promote energy efficiency, increase natural gas charges

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