Houston’s main electrical company CenterPoint Energy is expected to lower rates on monthly residential and small business customer bills after the company settled its rate case with city coalitions, according to a Jan.

CenterPoint Energy has reached a settlement in its 2024 rate case that will lead to lower electric bills for Houston-area customers. Pending approval by the Public Utility Commission of Texas (PUCT),

CenterPoint Energy has agreed to a rate decrease in its closely-watched rate case after months of settlement negotiations with city coalitions and consumer groups, the Houston electric utility announced Wednesday afternoon.