Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  CenterPoint Energy    CNP

CENTERPOINT ENERGY (CNP)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

CenterPoint Energy, Inc. : Natural gas energy efficiency rebates double in 2012

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/31/2012 | 07:12pm CEST

HOUSTON - Jan. 31, 2012 - CenterPoint Energy's natural gas customers now have an even greater incentive to save energy and the environment through the company's increased energy efficiency program offerings.

CenterPoint Energy's programs include rebates for efficient space and water heating, free energy saving showerheads and incentives for efficient boilers, boiler components and food service equipment. In addition, commercial customers can receive custom rebates for projects that reduce natural gas usage and positively impact the bottom line.

In 2012, residential and commercial customers can utilize rebates up to $600 per furnace or space heating system and up to $500 for efficient water heating systems - double the amount of 2011 rebates. Commercial customers can receive incentives up to $1,000 for efficient food service equipment and significant rebates for boilers and boiler components.

"Customer's could reduce their natural gas bill by up to 20 percent with the installation of a high-efficiency water heater, high-efficiency heating system and low-flow showerheads and faucet aerators," said Monica Beard-Raymond, manager of conservation programs for Arkansas customers. "We hope these substantially increased rebate amounts make it even easier for customers to make energy-saving improvements. The reduction in energy use not only helps the customer's wallet, but the environment as well."

Residential Energy Efficiency Program Details

  • Heating System Rebates - CenterPoint Energy is offering rebates up to $600 for high-efficiency furnaces and up to $175 for back-up heating with efficient forced air furnaces. More efficient furnaces can save almost $100 a year on a customer's utility bill. If a furnace is more than 15 years old, it may be time for a replacement.
  • Water Heater Rebates - CenterPoint Energy customers can receive a $75 rebate for efficient natural gas storage systems and $500 on natural gas tankless systems. After a home's air conditioning and heating system, water heating is the second largest energy user and energy expenditure in the home. By replacing inefficient water heaters with efficient gas storage heaters or gas tankless systems, depending on operating conditions, a household can save $61 to $115 a year on utility bills.
  • Free Energy Saving Showerheads and Faucet Aerators - CenterPoint Energy customers can save money, energy and water at no cost. CenterPoint Energy offers customers up to three free energy saving showerheads and faucet aerators. Using just one energy saving showerhead and one faucet aerator can reduce the average family's hot water use by more than 3,000 gallons in a single year. CenterPoint Energy customers can download energy saving tips at http://www.CenterPointEnergy.com/ArkansasRebates.

Commercial Energy Efficiency Program Details

CenterPoint Energy's commercial customers can enjoy the same water heating and space heating rebates offered to residential customers. In addition, they can take advantage of the following programs:

  • Boiler and Boiler Component Rebates - Energy efficient boilers provide long-term savings on energy bills. CenterPoint Energy rebates can provide thousands of dollars towards boilers that are 85 percent or more efficient. Rebates are also available for boiler components such as modulating boiler burners, vent dampers and controls.
  • Food Service Rebates - From boilers to fryers, CenterPoint Energy offers rebates up to $1,000 for a wide variety of food service equipment. Equipment upgrades can help restaurants, cafeterias and schools increase quality, save time and reduce energy costs.
  • Commercial and Industrial Solutions Program - Commercial facilities often have complex energy issues and untapped opportunities for energy savings. CenterPoint Energy's Commercial Solutions Program offers financial incentives along with technical and consulting assistance to help commercial customers identify and implement energy efficiency projects that reduce gas use at their sites. The program also offers free direct installation of low-flow devices that save on water and sewer costs as well as energy to qualifying customers.

All homeowners, businesses and schools served by CenterPoint Energy in Arkansas are encouraged to take advantage of CenterPoint Energy's energy saving programs that can lower energy usage, costs and help the environment. To learn more, please visit CenterPointEnergy.com/ArkansasRebates.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission and distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. Assets total nearly $21 billion. With about 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 135 years.CenterPointEnergy.com.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CENTERPOINT ENERGY
05:19aCENTERPOINT ENERGY : Akin Gump Advises CenterPoint Energy in $6 Billion Merger W..
AQ
04/24CENTERPOINT ENERGY : to buy Midwest utility for $6 billion
AQ
04/24CENTERPOINT ENERGY : Sewer Improvements in Mound and Minnetrista Begin This Spri..
AQ
04/23CENTERPOINT ENERGY : Utility CenterPoint Energy to buy Vectren in $6 billion dea..
RE
04/23VECTREN : CenterPoint paying $6 billion for Vectren
AQ
04/23VECTREN : to be acquired by a Houston energy company
AQ
04/23CENTERPOINT ENERGY INC : Entry into a Material Definitive Agreement, Regulation ..
AQ
04/23EXCLUSIVE : CenterPoint Energy nears deal to acquire Vectren - sources
RE
04/12CENTERPOINT ENERGY : Completes Critical Electric Transmission Line
AQ
04/11CENTERPOINT ENERGY INC : Other Events (form 8-K)
AQ
More news
News from SeekingAlpha
04/24Dissecting CenterPoint's Acquisition Of Vectren Corp. 
04/24CenterPoint Energy (CNP) And Vectren To Merge - Slideshow 
04/11UTILITLY STOCKS FOR DIVIDEND GROWTH : 2018 Review 
04/10Of The Texas Utilities, Take Centerpoint 
04/09VALUATION DASHBOARD : Utilities - Update 
Financials ($)
Sales 2018 9 615 M
EBIT 2018 976 M
Net income 2018 665 M
Debt 2018 8 659 M
Yield 2018 4,41%
P/E ratio 2018 16,51
P/E ratio 2019 15,78
EV / Sales 2018 2,06x
EV / Sales 2019 2,03x
Capitalization 11 192 M
Chart CENTERPOINT ENERGY
Duration : Period :
CenterPoint Energy Technical Analysis Chart | CNP | US15189T1079 | 4-Traders
Technical analysis trends CENTERPOINT ENERGY
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 28,1 $
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Scott M. Prochazka President, Chief Executive Officer & Director
Milton Carroll Executive Chairman
William D. Rogers Chief Financial Officer & Executive Vice President
Gary W. Hayes Chief Information Officer & Senior Vice President
Janiece M. Longoria Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CENTERPOINT ENERGY-10.58%11 192
ENGIE-1.29%42 135
ELECTRICITÉ DE FRANCE9.74%40 334
NATIONAL GRID PLC-8.98%37 322
SEMPRA ENERGY2.23%28 845
ORSTED14.76%26 800