The Houston City Council denied a request from CenterPoint Energy for an electricity rate hike and suspended the company’s gas rate increase for 45 days.
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Houston City Council denies CenterPoint Energy rate hike that would wipe out savings from rate settlement
The electricity rate increase would add about $2.22 to the average residential customer’s monthly bill, while the gas increase would come out to an additional $2.88. The rate increase would wipe out savings from a recent settlement between CenterPoint and Houston-area municipalities.