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CenterPoint Energy builds momentum in natural gas vehicles with fleet conversion initiative

    CenterPoint Energy builds momentum in natural gas vehicles with fleet
                            conversion initiative

PR Newswire

HOUSTON, June 6, 2013

HOUSTON, June 6, 2013 /PRNewswire/ -- In 2013, CenterPointEnergy will add 35
natural gas vehicles to its fleet across Arkansas, Louisiana, Minnesota,
Mississippi, Oklahoma and Texas. Additionally, the company expects to provide
natural gas service to at least 17 new compressed natural gas fueling stations
built in the company's service territory.

(Logo: http://photos.prnewswire.com/prnh/20020930/CNPLOGO)

"Vehicles powered by affordable, clean, safe and domestic natural gas can
create American jobs, save businesses and consumers money, protect the
environment, and bring us energy independence for the decades ahead," said Joe
McGoldrick, division president of Gas Operations, for CenterPoint Energy.
"Natural gas can compete with other vehicle fuels, but we need to expand our
infrastructure and nurture the growing natural gas vehicle market."

The expected 2013 additions will bring the number of natural gas fueling
stations in CenterPoint Energy's service territory to at least 49, with the
majority located in Texas, Oklahoma and Minnesota. A number of retail gasoline
stations have also begun exploring plans to add natural gas pumps to their
locations.

Consumer interest in natural gas vehicles continues to grow as a result of
increased station availability and the low cost compared to traditional
gasoline. Across the U.S., a gallon of gasoline costs $3.60 on average, while
a gallon of compressed natural gas costs $2.10. According to America's Natural
Gas Alliance, natural gas vehicles have also been shown to emit on average 25
percent less carbon dioxide than their gasoline and diesel-burning
counterparts.

Consumer interest has attracted the attention of major car manufacturers as
well. Ford Motor Company recently announced they sold a record 11,600 natural
gas vehicles in their 2012 model year lineup – more than tripling 2010 sales.
General Motors Company and Chrysler Group also added natural gas pickup trucks
to their lineups, while Honda has manufactured the natural gas-powered Civix
GX since 1998.

While consumer interest continues to grow, companies with fleets – the largest
market for natural gas vehicles – have embraced the transition. Waste
Management, municipal buses in cities throughout the country and other
companies with high mileage fleets have already begun converting to natural
gas. "The more miles driven, the greater savings companies will see after
converting fleets to natural gas," said McGoldrick.

CenterPoint Energy's own natural gas vehicle fleet will grow to 85 vehicles by
the end of 2013. Across its service territory, CenterPoint also provides
guidelines and tools to help identify promising candidates for natural gas
fleet conversion. "Our current strategy is to proactively market natural gas
as a transportation fuel in all markets, and fleet conversion emphasizes this
goal," said McGoldrick.

In addition to building gas infrastructure to serve compressed natural gas
fueling stations, converting its own fleet to natural gas, and providing tools
to encourage natural gas fleet conversion, CenterPoint Energy supports
legislation and participates in organizations that promote natural gas as a
transportation fuel.

"I am proud to say that, at CenterPoint Energy, we're taking a leadership role
and doing what we can to make natural gas vehicles an important part of our
nation's transportation mix," McGoldrick said. "Our role is to educate,
promote and facilitate the economic and environmental advantages of natural
gas vehicles, and strive to become a leading energy company for this
technology."

To learn more about natural gas as a transportation fuel, visit:
CenterPointEnergy.com/ngv.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic
energy delivery company that includes electric transmission & distribution,
natural gas distribution and competitive natural gas sales and services
operations. The company serves more than five million metered customers
primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas.
The company also owns a 58.3% limited partner interest in a midstream
partnership it jointly controls with OGE Energy Corp. with operations in major
natural gas and liquids-rich producing areas of Oklahoma, Texas, Arkansas and
Louisiana. With more than 8,700 employees, CenterPoint and its predecessor
companies have been in business for more than 135 years. For more information,
visit the website at www.CenterPointEnergy.com.

For more information contact:
Alicia Dixon
Phone 713.207.5885
Pager 713.619.5143

SOURCE CenterPoint Energy, Inc.

Website: http://www.centerpointenergy.com
 
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