CenterPoint Energy Transition Bond Company III, LLC (Transition Bond Company III), is a special purpose subsidiary of CenterPoint Energy Houston Electric, LLC (CenterPoint Energy Houston). Under the Texas electric restructuring law that was enacted in 1999, a special purpose subsidiary of a sponsoring utility (in this case, CenterPoint Energy Houston), may issue transition bonds to enable the utility to recover certain stranded costs and regulatory assets. A specific charge imposed on the distribution of electricity to customers supports principal and interest payments on these transition bonds, and is authorized by the Public Utility Commission of Texas (Texas Utility Commission) under a financing order that is now binding, irrevocable and non-appealable.
View SEC filings for CenterPoint Energy Transition Bond Company III.
Semiannual Servicer's Certificates
View the Servicer's Certificates delivered to the trustee for each payment date.
CenterPoint Energy Transition Bond Company III 2008 Transition Bonds
Summary of terms of $488,472,000 2008 Senior Secured Transition Bonds, sold in February 2008 by CenterPoint Energy Transition Bond Company III, LLC.
Ratings Assigned to 2008 Senior Secured Transition Bonds
Ratings assigned to the 2008 Transition Bonds and to the debt issued by the Servicer
Remittances of Transition Charges to the Trustee
Applications for True-up of Transition Charges
Filings in connection with the true-up of transition charges.
Quarterly Statements on Retail Electric Providers
View the statements on material Retail Electric Providers