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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Long-term Purchase Commitment
As of June 30, 2022, other than discussed below, undiscounted minimum purchase obligations are approximately:
CenterPoint EnergyCERC
Natural Gas
and Coal Supply
Other (1)
Natural Gas Supply
(in millions)
Remaining six months of 2022$594 $79 $449 
20231,157 509 921 
2024986 187 855 
2025724 31 612 
2026552 31 474 
2027473 72 409 
2028 and beyond2,315 547 2,074 
(1)CenterPoint Energy’s undiscounted minimum payment obligations related to PPAs with commitments ranging from 15 to 25 years and its purchase commitment under its BTA in Posey County, Indiana are included above. The remaining undiscounted payment obligations relate primarily to technology hardware and software agreements.
Schedule of Environmental Loss Contingencies by Site
Total costs that may be incurred in connection with addressing these sites cannot be determined at this time. The estimated accrued costs are limited to CenterPoint Energy’s and CERC’s share of the remediation efforts and are therefore net of exposures of other PRPs. The estimated range of possible remediation costs for the sites for which CenterPoint Energy and CERC believe they may have responsibility was based on remediation continuing for the minimum time frame given in the table below.
June 30, 2022
CenterPoint EnergyCERC
(in millions, except years)
Amount accrued for remediation$16 $14 
Minimum estimated remediation costs12 11 
Maximum estimated remediation costs51 44 
Minimum years of remediation55
Maximum years of remediation5050