CenterPoint Energy : launches new billing system for customers in Ohio (2024)

CenterPoint Energy launches new billing system for customers in Ohio Thursday-June-20-2024

Dayton, Ohio - June 20, 2024 − CenterPoint Energy today announced Ohio customers will soon transition to a new billing system.

Beginning July 2, customers will receive a new account number and will experience a new online interface. The update also includes a redesigned bill format, simplified program enrollments, more self-service options and additional features. Customers will find their new account number on the upper right corner of their bill, online at CenterPointEnergy.com/MyAccounton the left side of the dashboard when logged into their account or by calling CenterPoint customer service.

"We recognize this transition may require additional efforts from some customers, and we appreciate their patience and understanding as we transition to the new system," said Tony Gardner, CenterPoint Energy's Senior Vice President, Customer Experience and Chief Customer Officer. "CenterPoint is committed to providing continuous support and keeping our customers informed throughout this process."

Some CenterPoint services, including online account management and the automated phone system, will be temporarily unavailable from June 27 to July 1 as the company transitions to the new system. Customers are encouraged to schedule or complete their bill payments before June 26 to avoid a temporary delay in processing. Natural gas emergencies can still be reported by phone.

Customers who have automatic bill payment arrangements through their financial institutions (banks or credit unions, rather than their online accounts referred to as My Account), should inform their financial institutions of their new CenterPoint account number in July to ensure automatic payments continue.

Customers who receive payment assistance through Percentage of Income Payment Plan (PIPP) will not need to take action to continue program participation. Their previous CenterPoint account information will automatically carry over to the new account number.

Since mid-April, CenterPoint has been proactively communicating these changes and additional details with customers. Information is now available, including an extensive FAQ section, on the company's website, providing detailed guidance on the new system's features and how to best manage the transition. In the days immediately following the system transition, customer service representatives will be on standby to address additional questions or concerns.

For more information and the latest updates, please visit CenterPointEnergy.com/AccountChanges

What can I expect with the new My Account system?

Here are the new self-service options that you can expect with the new online account system called, My Account:

  • Enroll in payment reminder notifications by including up to five emails or mobile numbers to be notified via text that your payment is due.
  • Report a payment made at an authorized payment location.
  • Request a payment arrangement or extension.
  • View status of a service appointment.
  • View past bills and usage (previous 12 months).

In July, your My Account experience will be live. Here is a walkthrough of what to expect.

Why will I receive a new bill?

As part of the system change in July, all customers will receive bills with a new look. The new design will have the same information as before, but with a new format. Additionally, it will include information about energy usage, including:

  • A "Usage at a glance" feature.
  • More detailed account activity over time.

Watch this video for more information on how to read your new bill.

Will I still be able to pay my bill at an authorized payment site?

Yes. Starting July 2, you will need to provide the authorized payment site with your NEW account number to pay your bill. The payment site will not be able to process your payment using a stub that has your previous account number.

On or after July 2, call the CenterPoint customer service number at, 1-800-227-1376. First, you will be asked to authenticate your account. When prompted say "What is my account number?". If you are unable to authenticate your account, you will need to speak with a live agent.

Do I need to do anything if I'm enrolled in Automatic Payments through my online account?

No. If you are enrolled in automatic payments (AutoPay) through your online CenterPoint Energy account, you do not need to take any additional action. Your AutoPay enrollment will automatically transition over to the new system.

Do I need to update my account number at my financial institution?

Yes. If you have an automatic bill payment arrangement through your financial institution (bank or credit union, instead of your online account referred to as My Account), you will need to notify your financial institution of your new CenterPoint Energy account number in July to ensure that your automatic payment is applied.​

Where is eBill going?

After the system update, eBill will be called, "Paperless Billing." If you are currently enrolled in eBill, you will remain enrolled, but it will now be known as Paperless Billing. Paperless Billing will now include:

  • Options to add up to two emails to receive bill viewing and payment notifications.
  • You can now enroll in payment reminder notifications by including up to five emails or mobile numbers to be notified via text that your payment is due.
CenterPoint Energy :  launches new billing system for customers in Ohio (2024)

FAQs

Why is CenterPoint Energy so expensive? ›

CenterPoint's profit margin is included in your rates, so the higher the profit margin for its shareholders, the higher your monthly bills. In this case, CenterPoint Electric is proposing to keep its 10.40% return on equity.

Is CenterPoint Energy changing account numbers? ›

We transitioned to a new customer billing system that will bring new account features. P​lease be aware that all customers have received a new account number and your July bill will be redesigned as part of this system change.

Who is buying out CenterPoint Energy? ›

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for $1.2 billion.

What company owns CenterPoint Energy? ›

What is the controversy with CenterPoint Energy? ›

Public filings from dozens of cities claim CenterPoint is overcharging customers by more than $100,000,000 every year.

What is the outlook for CenterPoint Energy? ›

CenterPoint Energy Houston Electric, LLC

Fitch estimates CEHE's FFO leverage will be significantly above its 5.0x downgrade sensitivity in 2024 due to storm cost impacts before improving to 5.2x in 2025 and 4.5x in 2026. This compares with Fitch's projected 2024-2026 average for AEP Texas of 6.3x and Oncor of 5.2x.

What is the CenterPoint Energy lawsuit? ›

The lawsuit alleges CenterPoint was negligent for not maintaining and inspecting its power lines, not cutting back trees and vegetation near them, or warning about dangerous conditions. The border crisis has impacted all areas of American life.

Who is CenterPoint Energy competitor? ›

CenterPoint Energy competitors include DTE Energy, Engie, Entergy, Energy Future Holdings and Dynegy.

Who did CenterPoint Energy merge with? ›

HOUSTON and EVANSVILLE, Ind. , Feb. 1, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced the successful completion of their merger.

What is another name for CenterPoint Energy? ›

Part of the Fortune 500, the company was formerly known as Reliant Energy, NorAm Energy, Houston Industries, and HL&P. The company is headquartered in the CenterPoint Energy Tower at 1111 Louisiana Street in Downtown Houston.

Where does CenterPoint get its electricity? ›

Currently, 85% of electricity generated for southwest Indiana customers comes from coal. By 2030, we expect that more than 80% of CenterPoint Energy's electricity will be generated by solar and wind, with the remainder provided by natural gas.

How many electric customers does CenterPoint have? ›

(NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas.

Why are electric bills so high in Texas right now? ›

Increasing population and continuous electrification have consistently increased demand, severe weather conditions, rising utility (TDU) charges, and the state's aging power grid. Here's how the rates have changed since 2020.

What is the cheapest energy in Texas? ›

Lowest electricity rates in Texas today
Plan NamePlan LengthRate*
Cirro - Simple Bill Credit 2424 months$0.115/ kWh
Discount Power - Bill Credit Bundle 2424 months$0.115/ kWh
Veteran Energy - Valor 1212 months$0.128/ kWh
TriEagle Energy - Real Deal 3636 months$0.137/ kWh
10 more rows

Is CenterPoint Energy a good buy? ›

Centerpoint Energy has 7.22% upside potential, based on the analysts' average price target. Centerpoint Energy has a consensus rating of Hold which is based on 1 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Centerpoint Energy is $29.25.

Why is the gas company bill so high? ›

Factors that could impact your bill include the commodity cost of natural gas (also referred to as the “core procurement gas price”), seasonal variations, an increase in your natural gas appliance usage, weather conditions, and any remaining unpaid balance from prior bills.

References

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