fwp
Filed Pursuant to Rule 433
Registration Statement No. 33-153916-01
January 6, 2009
PRICING TERM SHEET
(to Preliminary Prospectus Supplement dated January 6, 2009)
         
Issuer:   CenterPoint Energy Houston Electric, LLC
   
 
   
Security:   7.00% General Mortgage Bonds, Series U, due 2014
   
 
   
Legal Format:   SEC Registered
   
 
   
Size:   $500,000,000
   
 
   
Trade Date:   January 6, 2009
   
 
   
Expected Settlement Date:   January 9, 2009
   
 
   
Maturity Date:   March 1, 2014
   
 
   
Coupon:   7.00%
   
 
   
Interest Payment Dates:   March 1 and September 1, commencing September 1, 2009
   
 
   
Price to Public:   99.978%
   
 
   
Benchmark Treasury:   1.500% due December 31, 2013
   
 
   
Benchmark Treasury Yield:   1.714%
   
 
   
Spread to Benchmark Treasury:   +528.6 basis points
   
 
   
Re-offer Yield:   7.00%
   
 
   
Make-whole call:   At any time at a discount rate of Treasury plus 50 basis points
   
 
   
CUSIP:   15189X AJ7
   
 
   
Anticipated Ratings:  
Moody’s
  Baa2
   
Standard & Poor’s    
  BBB+
   
Fitch
  BBB+
   
 
   
Joint Book-Running Managers:        Credit Suisse Securities (USA) LLC
    Scotia Capital (USA) Inc.
    UBS Securities LLC
   
 
   
Co-Managers:   Comerica Securities, Inc.
    HSBC Securities (USA) Inc.
    Mitsubishi UFJ Securities International plc
    RBC Capital Markets Corporation
    SunTrust Robinson Humphrey, Inc.
    Wells Fargo Securities, LLC
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Credit Suisse Securities (USA) LLC toll free at 800-221-1037, Scotia Capital (USA) Inc. toll free at 800-372-3930 or UBS Securities LLC toll free at 877-827-6444, ext. 561-3884.