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 natural gas shut-offs and late charges. read more >
The Arkansas Public Service Commission, the state attorney general’s office and Summit Utilities have agreed on a framework for Summit to resume natural gas shut-offs and late charges. read more >
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 >
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’ fumble of its billing conversion could be an expensive lesson for the natural gas provider. read more >
The restraining order also prevents Summit from assessing late fees on customers. read more >
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 >
The acquired assets are valued at $2.15 billion. read more >
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 >
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 >
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 >
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 >
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 >
Lower bills are coming to hundreds of thousands of Arkansas natural gas and electric power customers thanks to developments announced this week. read more >
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 >
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 >
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 >
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 >
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 >
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 >
CenterPoint Energy Inc. is paying just under $6 billion for rival Vectren in a move that will expand the utility operator's reach. read more >
