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In December 2011, the non-partisan organization Public Campaign criticized CenterPoint Energy for spending $2.65 million on lobbying and not paying any taxes during 2008–2010, instead getting $284 million in tax rebates, despite making a profit of $1.9 billion, and having an executive pay between $12 and $13 million for its top 5 executives.
In 2003 HL&P was split into Reliant Energy, Texas Genco, and CenterPoint Energy. [11] The CenterPoint Energy Plaza, previously the Houston Industries Building, once served as the company headquarters. CenterPoint Energy was created when Reliant Energy merged with an indirect subsidiary of CenterPoint Energy, Inc. As a result of the merger ...
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OGE Energy is also the former parent of Enogex Inc., a natural gas pipeline business which merged with CenterPoint Energy's midstream business to form Enable Midstream in 2013, [4] in 2021 OGE and CenterPoint sold their general partnership in Enable Midstream to Energy Transfer. [5] OGE Energy and its subsidiaries have about 3,100 employees.