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CenterPoint Energy Planning Temporary Rate Reduction

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CenterPoint Energy has filed a request with a state commission to temporarily reduce its rates by $19 million.

The request comes after an order from the Arkansas Public Service Commission to reduce utility rates. The commission issued the order in response to the federal tax overhaul.

Rates for CenterPoint customers will drop by 9.5 percent on bills from October to January and by 7.3 percent in January. However, the rate reduction is temporary, and the reduction is projected to expire Feb. 28.

CenterPoint Energy is the largest natural gas utility in the state and serves over 400,000 customers in Arkansas. In addition, the company operates in Louisiana, Minnesota, Mississippi, Oklahoma and Texas.

The Arkansas Public Service Commission issued an order to eight utility companies last month to reveal how savings would be returned to customers.

Read about plans to begin video streaming in the Arkansas Senate.

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