First Quarter 2015 Earnings Call Strong Customer Growth Key Regulatory Filings Guidance Reaffirmed May 11th, 2015
Scott Prochazka President and CEO Earnings Call Discussion Highlights First Quarter Results Utility Earnings Enable Midstream Houston Economy investors.centerpointenergy.com 3
First Quarter 2015 Highlights GAAP EPS 0.43 0.13 0.30 0.08 0.30 0.22 2015 2014 EPS on a Guidance Basis Q1 2015 vs Q1 2014 Drivers (EPS on a Guidance Basis) 0.40 0.40 0.30 0.30 0.13 h Rate Relief i Weather Impact 0.08…
Tracy Bridge EVP & President, Electric Division Earnings Call Discussion Highlights Electric Results Customer Growth Brazos Valley Connection Regulatory Update Intelligent Grid Construction of high voltage transmission…
Houston Electric: Residential Electric Customers and Houston Employment vs West Texas Intermediate (WTI) 3,000,000 140 130 120 2,500,000 Residential Customers / Houston Employment 110 100 2,000,000 90 80 WTI (2010 )…
Houston Electric: Brazos Valley Connection Project Cost Estimate: 276 to 383 million, depending on route selection and other variables PUC Docket : 44547 Project Timeline: Action Estimated Timeframe CCN Filed April 24, 2015…
Houston Electric: Distribution Cost Recovery Factor (DCRF) DCRF Equation (how it works) Revenue requirement associated with eligible DCRF Revenue Requirement distribution capital since last rate case Revenue adjustment associated…
Houston Electric: Realization of Intelligent Grid Benefits Customer Satisfaction, Cost Control and Carbon Reduction Absence of generation assets significantly reduces CenterPoints carbon footprint compared to integrated…
Joe McGoldrick EVP & President, Gas Division Earnings Call Discussion Highlights Gas Operations Results Weather Impacts Regulatory Update Energy Services Results Using horizontal directional drilling to construct and install a…
Natural Gas Utilities: Regulatory Updates Filings YTD Expected Requested Jurisdiction Mechanism Comments Effective Date Increase - MM Oklahoma PBRC 3Q 2015 0.9 Mississippi RRA 3Q 2015 2.5 South Texas GRIP 3Q 2015 4.2 Beaumont/East TX…
Natural Gas Utilities: Arkansas Formula Rate Plan Arkansas Act 725 Highlights The utility may elect to: Have rates regulated under an annual formula rate review mechanism Utilize a forward test year Rates adjusted annually to…
Q1 EPS Normalization GAAP to Guidance Basis to Baseline Quarter Ended Quarter Ended March 31, 2015 March 31, 2014 Net Income (MM) EPS Net Income (MM) EPS Consolidated as reported 131 0.30 185 0.43 Midstream Investments as reported…
2014 Q1 Baseline EPS to 2015 Q1 EPS on a Guidance Basis Quarter Ended Quarter Ended March 31, 2015 March 31, 2014 Net Income (MM) EPS Net Income (MM) EPS Consolidated as reported 131 0.30 185 0.43 Midstream Investments as reported…
Reconciliation: Net Income and diluted EPS to the Basis Used in Providing Annual Earnings Guidance Quarter Ended Quarter Ended March 31, 2015 March 31, 2014 Net Income (MM) EPS Net Income (MM) EPS Consolidated as reported 131…