CenterPoint Energy (CNP) to Begin Installing Up to 125,000 Advanced Meters
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CenterPoint Energy, Inc.'s (NYSE: CNP) today received Public Utility Commission of Texas (PUC) approval of an agreement to install 125,000 advanced meters, related communication equipment and back office systems as requested and funded by retail electric providers (REPs). Installations requested by REPs for residential customers could begin in early September and would continue through August 2009, or until 125,000 advanced meters have been installed. This agreement will supplement the Advanced Metering System (AMS) deployment plan filed by CenterPoint Energy in May of this year that remains under review at the PUC.
CenterPoint Energy is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines and field services operations.
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