0001193125-12-166294.txt : 20120417 0001193125-12-166294.hdr.sgml : 20120417 20120417162103 ACCESSION NUMBER: 0001193125-12-166294 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120417 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120417 DATE AS OF CHANGE: 20120417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTERPOINT ENERGY HOUSTON ELECTRIC LLC CENTRAL INDEX KEY: 0000048732 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 223865106 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03187 FILM NUMBER: 12763947 BUSINESS ADDRESS: STREET 1: 1111 LOUISIANA CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132073000 MAIL ADDRESS: STREET 1: 611 WALKER CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: RELIANT ENERGY INC DATE OF NAME CHANGE: 19990513 FORMER COMPANY: FORMER CONFORMED NAME: HOUSTON INDUSTRIES INC DATE OF NAME CHANGE: 19970807 FORMER COMPANY: FORMER CONFORMED NAME: HOUSTON LIGHTING & POWER CO DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTERPOINT ENERGY INC CENTRAL INDEX KEY: 0001130310 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 740694415 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31447 FILM NUMBER: 12763946 BUSINESS ADDRESS: STREET 1: 1111 LOUISIANA ST. CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132073000 MAIL ADDRESS: STREET 1: 1111 LOUISIANA ST. CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: RELIANT ENERGY REGCO INC DATE OF NAME CHANGE: 20001220 8-K 1 d335925d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 17, 2012

 

 

CENTERPOINT ENERGY, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Texas   1-31447   74-0694415

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

1111 Louisiana

Houston, Texas

   77002
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

 

 

CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC

(Exact name of registrant as specified in its charter)

 

 

 

Texas   1-3187   22-3865106

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

1111 Louisiana

Houston, Texas

   77002
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 7.01 Regulation FD Disclosure.

A copy of the estimated amortization schedule (the “Schedule”) for equity return associated with the recovery of certain qualified costs and storm restoration costs by CenterPoint Energy Houston Electric, LLC (“CenterPoint Houston”), an indirect, wholly owned subsidiary of CenterPoint Energy, Inc. (“CenterPoint Energy”), is attached to this report as Exhibit 99.1. The Schedule will be posted on CenterPoint Energy’s website at www.centerpointenergy.com under the “Investors” section, where CenterPoint Energy expects to post updates to the Schedule periodically.

The Schedule is being furnished, not filed, pursuant to Regulation FD. Accordingly, the Schedule and any subsequent updates will not be incorporated by reference into any registration statement filed by CenterPoint Energy or CenterPoint Houston under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of the Schedule is not intended to, and does not, constitute a determination or admission by CenterPoint Energy or CenterPoint Houston that the information in the Schedule is material or complete, or that investors should consider this information before making an investment decision with respect to any security of CenterPoint Energy or CenterPoint Houston or any of their affiliates.

Item 9.01 Financial Statements and Exhibits

The exhibit listed below is furnished pursuant to Item 7.01 of this Form 8-K.

(d) Exhibits.

 

  99.1 Estimated amortization schedule for equity return associated with the recovery of certain qualified costs and storm restoration costs

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  CENTERPOINT ENERGY, INC.
Date: April 17, 2012   By:  

/s/ Christopher J. Arntzen

    Christopher J. Arntzen
    Vice President, Deputy General Counsel
    and Assistant Corporate Secretary

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC
Date: April 17, 2012   By:  

/s/ Christopher J. Arntzen

    Christopher J. Arntzen
    Vice President, Deputy General Counsel
    and Assistant Secretary

EXHIBIT INDEX

 

Exhibit

Number

   

Exhibit Description

99.1    Estimated amortization schedule for equity return associated with the recovery of certain qualified costs and storm restoration costs
 EX-99.1 2 d335925dex991.htm ESTIMATED AMORTIZATION SCHEDULE Estimated Amortization Schedule

Exhibit 99.1

CenterPoint Energy, Inc.

Estimated Amortization Schedule for Equity Return Associated with the Recovery of Certain Qualified Costs and Storm Restoration Costs

The following table provides:

 

(1) the pre-tax equity return recognized by CenterPoint Energy, Inc. (CenterPoint Energy) during each of the years 2005 through 2011 related to CenterPoint Energy Houston Electric, LLC’s (CEHE) recovery of certain qualified costs or storm restoration costs, as applicable, pursuant to the past issuance of transition bonds by CenterPoint Energy Transition Bond Company II, LLC (Transition BondCo II) and CenterPoint Energy Transition Bond Company III, LLC (Transition BondCo III) or system restoration bonds by CenterPoint Energy Restoration Bond Company, LLC (System Restoration BondCo), as applicable; and

 

(2) the estimated pre-tax equity return currently expected to be recognized in each of the years 2012 through 2024 related to CEHE’s recovery of certain qualified costs or storm restoration costs, as applicable, pursuant to the past issuance of transition bonds by Transition BondCo II, Transition BondCo III or CenterPoint Energy Transition Bond Company IV, LLC (Transition BondCo IV) or system restoration bonds by System Restoration BondCo, as applicable.

The amounts reflected for 2012 through 2024 are based on CenterPoint Energy’s estimates as of March 31, 2012. However, the equity returns to be recognized in future periods with respect to each series of transition or system restoration bonds, as applicable, will be periodically subject to adjustment based on tariff adjustments for any overcollections or undercollections of transition charges or system restoration charges, as applicable. The equity return amounts reflected in the following table are reported in the financial statements of CenterPoint Energy and CEHE as revenues from electric transmission and distribution utility.

 

                                 Estimated Annual Equity Interest  
     Transition BondCo II      Transition BondCo III      Transition BondCo IV      System Restoration BondCo      Amortization Aggregate Total  

2005

    $ (213,804)                $ (213,804)   

2006

      (6,644,004)                  (6,644,004)   

2007

      (7,140,194)                  (7,140,194)   

2008

      (6,673,765)       $ (4,743,048)               (11,416,813)   

2009

      (7,279,677)         (6,074,697)          $ (95,841)         (13,450,215)   

2010

      (9,071,326)         (5,745,580)            (2,657,384)         (17,474,291)   

2011

      (9,902,590)         (6,994,650)            (2,840,737)         (19,737,978)   

2012

      (8,351,661)         (6,262,325)       $ (20,477,231)         (2,321,345)         (37,412,562)   

2013

      (10,205,548)         (7,355,788)         (27,871,758)         (2,513,075)         (47,946,171)   

2014

      (10,990,283)         (7,909,097)         (28,510,810)         (2,588,099)         (49,998,289)   

2015

      (11,824,831)         (8,457,808)         (29,248,262)         (2,681,571)         (52,212,472)   

2016

      (12,712,370)         (9,047,044)         (30,062,933)         (2,815,193)         (54,637,540)   

2017

      (13,653,155)         (9,683,479)         (30,714,220)         (2,964,715)         (57,015,568)   

2018

      (14,660,459)         (10,389,236)         (31,633,336)         (3,135,663)         (59,818,693)   

2019

      (8,326,383)         (10,739,303)         (32,686,564)         (3,331,549)         (55,083,799)   

2020

         (933,908)         (33,754,330)         (3,526,832)         (38,215,071)   

2021

            (35,003,521)         (3,725,363)         (38,728,884)   

2022

            (36,370,026)         (2,257,185)         (38,627,210)   

2023

            (37,795,937)            (37,795,937)   

2024

            (30,656,182)            (30,656,182)   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  
   $ (137,650,048)       $ (94,335,964)       $ (404,785,110)       $  (37,454,553)       $  (674,225,675)