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Energy / Government & Politics

PSC Approves Lower Gas Rates for Summit Customers

Arkansas natural gas customers will pay less per cubic foot on their bills this winter than they have for the past three years. read more >
Energy / Government & Politics / Legal

Summit Nears Return To Normal Collections

The Arkansas Public Service Commission, the state attorney general’s office and Summit Utilities have agreed on a framework for Summit to resume natur read more >
Energy

Summit to Resume Gas Shutoffs in July

The company, based in Denver, suspended disconnecting customers for nonpayment and charging late fees in November after implementing a new billing and customer experience platform. read more >
Energy / Legal

Summit’s Cost-Benefit Analysis Fail (Editorial)

Summit Utilities’ fumble of its billing conversion could be an expensive lesson for the natural gas provider. read more >
Energy / Government & Politics / Legal

Summit Utilities Beefs Up After Arkansas Issues

The company says it has strengthened its customer response staff and cut call wait times as it faces complaints over billing issues. read more >
Summit Utilities CEO Kurt Adams says Arkansas is ‘the most important place’ for his company.
Energy / Legal

In Billing Suit, Judges Bar Summit From Cutting Off Gas

The restraining order also prevents Summit from assessing late fees on customers. read more >
Transplace’s new 150,000-SF center on 15 acres in Rogers houses 800 workers now, but it can support up to 1,100, executives say.
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Arkansas Dealmaking Down 17% in ’21Lock Icon

The number of the biggest deals in Arkansas worth $10 million or more rose to 95, an increase of 12% compared with the 85 big deals in 2020. read more >
Summit Utilities CEO Kurt Adams says Arkansas is ‘the most important place’ for his company.

Summit Utilities Completes Acquisition of CenterPoint Energy Assets

The acquired assets are valued at $2.15 billion. read more >
Leslie Rutledge

CenterPoint Ordered to Credit Arkansas Ratepayers $10.4M

Thursday’s ruling marked the second straight year that Centerpoint Energy Resources Corp., doing business as CenterPoint Energy Arkansas Gas, has been ordered to grant credits after excessive charges. read more >
Summit Utilities CEO Kurt Adams says Arkansas is ‘the most important place’ for his company.
Construction / Energy / Government & Politics / Investments / Transportation

Summit Draws Near With CenterPoint DealLock Icon

Denver-based Summit Utilities is acquiring $2.15 billion worth of CenterPoint Energy’s assets, including a vast underground natural gas infrastructure in Arkansas and Oklahoma. read more >
Investments / Public Companies

Summit to Acquire CenterPoint’s Arkansas, Oklahoma Assets in $2B Deal

Summit Utilities Inc. of Centennial, Colorado, says it will buy CenterPoint Energy's Arkansas and Oklahoma natural gas distribution assets in a $2.15 billion cash deal. read more >
Government & Politics

State, Utilities Look at Costs and Lessons of Grid Emergency

As Gov. Asa Hutchinson orders a state inquiry into how Arkansas’ electricity grid performed in February’s record cold snap and power generation crisis, Arkansas utilities plot ways to ease impacts on customers resulting from fuel price spikes during the emergency. read more >
Jerry Jones is the majority stockholder in Comstock Resources Inc.

In Gas Price Spike, CenterPoint Conserves as Jones’ Company Notes Price Jump

As natural gas prices skyrocketed in a winter power crisis and Dallas Cowboys owner Jerry Jones' production company benefited from the price spike, gas utility CenterPoint Energy pleaded with customers to continue to conserve even as polar temperatures rise above freezing in many states for the first time in over a week. read more >
Government & Politics

CenterPoint, Entergy Arkansas Announce Lower Customer Costs

Lower bills are coming to hundreds of thousands of Arkansas natural gas and electric power customers thanks to developments announced this week. read more >
Energy / Retail

CenterPoint Energy Buys Molex Facility in Maumelle for $2.5M

CenterPoint Energy buys the former Molex facility at 101 Bringler Drive in Maumelle for $2.5 million, real estate agents for the seller said Thursday. read more >

CenterPoint Gas Customers to See Bills Go Down

Citing reduced operational costs and falling natural gas prices, CenterPoint Energy has proposed a 5% rate decrease for the 400,000 homes and businesses it serves in Arkansas. read more >
Energy

CenterPoint Energy Announces $1.5M in COVID Aid

CenterPoint Energy of Houston, which delivers natural gas to about 400,000 homes and businesses in Arkansas, has committed $1.5 million to nonprofits, agencies and others working to ease the pain of the COVID-19 pandemic in the areas it serves. read more >
Energy

CenterPoint Responds to COVID-19 Pandemic

CenterPoint Energy of Houston, Texas, Arkansas' largest provider of natural gas service, was reassuring customers Tuesday about its coronavirus response, offering customers help and promising continued service and safety. read more >
Jayce Jones, COO of Silver Development Co., worked with CEO Larry Crain Jr. to plan, construct and manage Chenal Village, an active 55-and-over duplex development near the Promenade at Chenal.
Construction / Energy / Investments / Real Estate / Retail

Silver Development Offers Niche for Graying Generation

Silver Development Co., Larry Crain Jr.’s non-car venture, is watching its 188-unit Chenal Village fill up as the high-end duplex project beckons 55-and-up renters. read more >
Public Companies

CenterPoint Announces Plans for After $6B Merger

CenterPoint Energy Inc., Arkansas' largest natural gas utility, has announced expansion plans after closing a previously announced $6 billion deal to acquire Vectren Corp. of Indiana. read more >