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CenterPoint Describes 2021 as "Great Year" while Customers Deal with Higher Bills

CenterPoint logo.jpeg
Inside Indiana Business
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Investors saw nearly $1.4 million in earnings

The president and CEO of CenterPoint Energy calls 2021 a “great year,” despite an outcry from customers about higher utility bills. WNIN’s John Gibson has the story:

The Texas-based company reported income for shareholders of $641 million for the fourth quarter of 2021.

For the full year, income available to common shareholders and earnings per diluted share were nearly $1.4 million,

In a release, CenterPoint President and CEO Dave Lesar (leh-ZAHR) said 2021 earnings met or exceeded expectations.

The earnings report came amid complaints from customers about higher utility bills and a letter from the Evansville City Council calling on the company to provide more support and leniency for low-income and fixed-income customers.

Higher natural gas rates have led to a spike in customers’ bills this winter.