XML 216 R52.htm IDEA: XBRL DOCUMENT v3.25.0.1

Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregate Revenue

The following tables disaggregate revenues by reportable segment and major source:

CenterPoint Energy

						Year Ended December 31, 2024
						Electric						Natural Gas						Corporate and Other						Total
						(in millions)
Revenue from contracts with customers						$	4,558					$	3,990					$	4					$	8,552
Other (1)						32						58						3						93
Eliminations						—						(2)						—						(2)
Total revenues						$	4,590					$	4,046					$	7					$	8,643
						Year Ended December 31, 2023
						Electric						Natural Gas						Corporate and Other						Total
						(in millions)
Revenue from contracts with customers						$	4,275					$	4,210					$	127					$	8,612
Other (1)						15						69						3						87
Eliminations						—						(3)						—						(3)
Total revenues						$	4,290					$	4,276					$	130					$	8,696
						Year Ended December 31, 2022
						Electric						Natural Gas						Corporate and Other						Total
						(in millions)
Revenue from contracts with customers						$	4,095					$	4,969					$	263					$	9,327
Other (1)						13						(23)						4						(6)
Total revenues						$	4,108					$	4,946					$	267					$	9,321

(1)Primarily consists of income from ARPs and leases.

Houston Electric

			Year Ended December 31,
			2024						2023						2022
			(in millions)
Revenue from contracts with customers			$	3,930					$	3,684					$	3,417
Other (1)			9						(7)						(5)
Total revenues			$	3,939					$	3,677					$	3,412

(1)Primarily consists of income from ARPs and leases.

CERC

						Year Ended December 31,
						2024						2023						2022
						(in millions)
Revenue from contracts with customers						$	3,868					$	4,083					$	4,816
Other (1)						57						66						(16)
Total revenues						$	3,925					$	4,149					$	4,800

(1)Primarily consists of income from ARPs and leases.

Schedule of Contract with Customer, Asset and Liability

The opening and closing balances of accounts receivable, accrued unbilled revenues and contract liabilities from contracts with customers are as follows:

CenterPoint Energy

			Accounts Receivable						Accrued Unbilled Revenues												Contract Liabilities
			(in millions)
Opening balance as of December 31, 2023			$	652					$	516											$	2
Closing balance as of December 31, 2024			666						521												2
Increase			$	14					$	5											$	—

The amount of revenue recognized in the year ended December 31, 2024 that was included in the opening contract liability was $2 million. The difference between the opening and closing balances of the contract liabilities primarily results from the timing difference between CenterPoint Energy’s performance and the customer’s payment.

Houston Electric

			Accounts Receivable						Accrued Unbilled Revenues						Contract Liabilities
			(in millions)
Opening balance as of December 31, 2023			$	275					$	142					$	2
Closing balance as of December 31, 2024			284						137						2
Increase (decrease)			$	9					$	(5)					$	—

The amount of revenue recognized in the year ended December 31, 2024 that was included in the opening contract liability was $2 million. The difference between the opening and closing balances of the contract liabilities primarily results from the timing difference between Houston Electric’s performance and the customer’s payment.

CERC

			Accounts Receivable						Accrued Unbilled Revenues
			(in millions)
Opening balance as of December 31, 2023			$	330					$	329
Closing balance as of December 31, 2024			326						338
Increase (decrease)			$	(4)					$	9

Schedule of Registrants’ Bad Debt Expense

The table below summarizes the Registrants’ bad debt expense amounts for 2024, 2023 and 2022, net of regulatory deferrals:

			Year Ended December 31,
			2024																		2023																		2022
			CenterPoint Energy						Houston Electric						CERC						CenterPoint Energy						Houston Electric						CERC						CenterPoint Energy						Houston Electric						CERC
			(in millions)
Bad debt expense			$	21					$	1					$	16					$	18					$	—					$	16					$	20					$	—					$	17

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration