CenterPoint Energy Restoration Bond Company, LLC (Restoration Bond Company), is a special purpose subsidiary of CenterPoint Energy Houston Electric, LLC (CenterPoint Energy Houston). Under the Texas Public Utility Regulatory Act, as amended in April 2009, a special purpose subsidiary of a sponsoring utility (in this case, CenterPoint Energy Houston), may issue system restoration bonds to enable the utility to recover system restoration costs incurred by the utility as a result of hurricanes, tropical storms, snow or ice storms and other weather-related events and natural disasters. For utilities that are part of the Electric Reliability Council of Texas, including CenterPoint Energy Houston, only the distribution-related system restoration costs may be securitized. For such utilities, a specific charge imposed on the retail customers served at distribution voltage supports principal and interest payments on the system restoration bonds authorized by the Public Utility Commission of Texas (Texas Utility Commission) under a financing order that is binding, irrevocable and non-appealable.
View SEC filings for CenterPoint Energy Restoration Bond Company, LLC.
Semiannual Servicer's Certificates
View the Servicer's Certificates delivered to the trustee for each payment date.
CenterPoint Energy Restoration Bond Company Senior Secured System Restoration Bonds
Summary of terms of $664,859,000 Senior Secured System Restoration Bonds, sold in November 2009 by CenterPoint Energy Restoration Bond Company, LLC.
Ratings Assigned to Senior Secured System Restoration Bonds
Ratings assigned to the System Restoration Bonds and to the debt issued by the Servicer
Remittances of System Restoration Charges to the Trustee
Applications for True-up of Restoration Charges
Filings in connection with the true-up of system restoration charges.
Semiannual Statements on Retail Electric Providers
View the statements on material Retail Electric Providers