CenterPoint Energy 2005 Annual Report Download

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2005 Annual Report
STAYING POWER
YESTERDAY. TODAY. TOMORROW.

Table of contents

  • Page 1
    Staying Power yeSterday. today. tomorrow. 2005 Annual Report

  • Page 2
    ...etHiCS The CenterPoint Energy Ethics and Compliance Code is based on our core values of integrity, accountability, initiative and respect, and reflects the basic ethical principles that guide our conduct. Copies of our Ethics and Compliance Code are available in the Investors section of our Web site...

  • Page 3
    ... million customers in six states. we own and operate about 98,000 miles of main and service lines that deliver gas to more than 990 communities in arkansas, Louisiana, minnesota, mississippi, oklahoma and texas, including the high growth areas of Houston and minneapolis. PIPELINES AND FIELD SERVICES...

  • Page 4
    ... us for future growth. We're pleased to report we made solid progress on all fronts: [left] david m. mcClanahan, President and Ceo, milton Carroll, Chairman • In April 2005, we completed the final step in the sale of Texas Genco Holdings, Inc., for $700 million in...

  • Page 5
    ... a 172-mile pipeline between Carthage, Texas, and our Perryville Hub in northeast Louisiana, and we expect it to be in service next year. In another project, CenterPoint Energy and Duke Energy subsidiaries signed an agreement to evaluate, market and develop a potential...

  • Page 6
    ... From FLorida to teXaS, wHiLe StiLL imProVing reLiaBiLity. [this page] tessa Hickham, a senior tax analyst in transaction tax who has qualified for the time-based Boston marathon, knows that proper preparation is essential for superior athletic and business performance. [4] CENTERPOINT ENERGY...

  • Page 7
    ... Westar Energy, Mississippi Power, Alabama Power, Entergy and Florida Power & Light (FPL) following a severe ice storm and devastating hurricanes. We dispatched 426 employees and 261 vehicles to work a total of 69,000 hours to help fellow utilities get their customers...

  • Page 8
    ...service in Texas. After an extensive review, the Texas PUC approved the project and the route. The Electric Reliability Council of Texas estimates that the new line will reduce energy costs for Texas consumers by more than $60 million annually. we inCreaSed diStriBUtion and meter reading aUtomation...

  • Page 9
    ... wires and poles: more than 230 company volunteers helped many of the 20,000 Louisiana evacuees who fled Hurricane Katrina and took up residence in Houston's Astrodome stadium and the downtown George R. Brown Convention Center. The mayor of Houston asked CenterPoint Energy to...

  • Page 10
    ..., CenterPoint Energy Gas Transmission (CEGT), for gas transportation and storage in Arkansas and Oklahoma that will help provide price stability for customers • Receiving federal regulatory approval of several long-term service agreements for pipeline capacity...

  • Page 11
    ...BUSineSS ContinUed itS Long reCord oF reLiaBLe, Steady PerFormanCe. [this page] the powerful legs and strong stride of 2005 ironman competition participant Chris wood, financial analyst in regulatory reporting, are good examples of how hard work can lead to improved performance. CENTERPOINT ENERGY...

  • Page 12
    ... we add inFraStrUCtUre and aSSetS tHat eXPand oUr reaCH and earningS PotentiaL. [this page] Justin Penny, a former college athlete and wellness representative in the company's wellness Center, helps employees grow stronger and stay healthy. [10] CENTERPOINT ENERGY 2 0 0 5 A N N U A L R E P O R T

  • Page 13
    ... Northeast Louisiana. It will connect multiple East Texas receiving points with our Perryville Hub and • SOUTHEAST SUPPLY HEADER In partnership with Duke Energy, we have begun four new interstate pipeline interconnections, development of a new pipeline project...

  • Page 14
    ..., this line would be capable of delivering 1.2 Bcf/d and would complement our other new pipelines. This project could be in service as early as the fourth quarter of 2008. Texarkana ARKANSAS TEXAS LOUISIANA PERRYVILLE Monroe VERNON Longview Tyler Bossier City Shreveport CARTHAGE LEGEND...

  • Page 15
    ... Pipeline. Wholesale and Intrastate Pipeline are headquartered and managed in Houston, while Retail operates from seven regional offices in Minneapolis, Chicago, Madison, Wis., Merrillville, Ind., St. Louis, Mo., Shreveport, La., and Houston Retail sells natural gas and related services...

  • Page 16
    ... National Blood contributing 8,500 hours of volunteer service. donor award. Under our new Grant Incentives for Volunteer Some of the larger events in which our employees participated were Employees (GIVE) program, we awarded the CenterPoint Energy Torchlight Parade in Minneapolis; Prairie $24,300 to...

  • Page 17
    ...a small business consulting and investments company in Minneapolis, Minn. He has been a CenterPoint Energy board member since 2003. He serves on the Finance and Compensation Committees. daVid m. mCCLanaHan, 56, is President and Chief Executive Officer of CenterPoint Energy. He...

  • Page 18
    CENTERPOINT ENERGY OFFICERS [From LeFt to rigHt] dean Liollio, georgianna nichols, gary whitlock, tom Standish, david mcClanahan, Byron Kelley, Scott rozzell, wayne Stinnett and gary Cerny. oFFiCerS eXeCUtiVe Committee daVid m. mCCLanaHan, 56 President and Chief Executive Officer SCott e. roZZeLL, ...

  • Page 19
    ...of: 2005 Annual Report 2006 Proxy Statement 2005 Form 10-K inVeStor SerViCeS If you have questions about your CenterPoint Energy investor account, or if you would like to order any publications, please contact us at: In Houston: (713) 207-3060 Toll Free: (800) 231-6406 Fax: (713) 207-3169 A list of...

  • Page 20
    1111 LoUiSiana Street, HoUSton, tX 77002