CenterPoint Energy 2009 Annual Report Download - page 66

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44
• the timing and extent of changes in commodity prices, particularly natural gas and natural gas liquids;
• the timing and extent of changes in the supply of natural gas, including supplies available for gathering by
our field services business;
• the timing and extent of changes in natural gas basis differentials;
• weather variations and other natural phenomena;
• changes in interest rates or rates of inflation;
• commercial bank and financial market conditions, our access to capital, the cost of such capital, and the
results of our financing and refinancing efforts, including availability of funds in the debt capital markets;
• actions by rating agencies;
• effectiveness of our risk management activities;
• inability of various counterparties to meet their obligations to us;
• non-payment for our services due to financial distress of our customers;
• the ability of RRI Energy, Inc. (RRI) (formerly known as Reliant Energy, Inc. and Reliant Resources, Inc.)
and its subsidiaries to satisfy their obligations to us, including indemnity obligations, or in connection with
the contractual arrangements pursuant to which we are their guarantor;
• the ability of REPs that are subsidiaries of NRG Retail LLC and TXU Energy Retail Company LLC (TXU
Energy), which are CenterPoint Houston’s two largest customers, to satisfy their obligations to us and our
subsidiaries;
• the outcome of litigation brought by or against us;
• our ability to control costs;
• the investment performance of our pension and postretirement benefit plans;
• our potential business strategies, including acquisitions or dispositions of assets or businesses, which we
cannot assure will be completed or will have the anticipated benefits to us;
• acquisition and merger activities involving us or our competitors; and
• other factors we discuss under “Risk Factors” in Item 1A of this report and in other reports we file from
time to time with the Securities and Exchange Commission.