'They say CenterPoint doesn't make money. I don't believe that,' said one customer. 'I think someone is making money over this. I just hope they fix it.'
HOUSTON, Texas -- CenterPoint customers are shocked by a recent spike in natural gas bills and one Houston energy expert said people should be prepared to see the increase in prices for months.
The Gas Cost Adjustment line that appears on every monthly natural gas bill is the cost CenterPoint Energy pays for the gas we deliver to our customers. The price we pay for natural gas in the market is the same price we charge our customers, there is no mark-up or profit for CenterPoint Energy. In February, we adjusted the GCA from $0.61363 per cubic feet of natural gas to $0.74405 per cubic feet of natural gas, per our regular biannual rate adjustment process.
Stewart said she finds it hard to believe that CenterPoint or any energy company is not making a profit from the increased prices.