# Who are CenterPoint Energy's customers? Who does CenterPoint Energy earn revenue from?
Canonical: https://valuechain.wiki/centerpoint-energy · Facet: customers · Updated: 2026-09-24T04:38:28.65654+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: CenterPoint Energy's confirmed revenue counterparties include NRG Energy, Vistra. Per the valuechain.wiki graph: 2 revenue edges, backed by 3 dated sources, 1 of them primary filings (as of 2026-09-24).

### NRG 에너지 (high)  → /nrg-energy.md
- metric: Amount $1.2B · FY2025 · Houston Electric revenue from NRG affiliates
- note: NRG retail affiliates are Houston Electric's largest external customer group. CenterPoint distributes electricity sold by these retailers and bills regulated delivery charges.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/1130310/000113031026000008/cnp-20251231.htm: "Affiliates of NRG $1,229."
- [mentions] Toss Securities Research Center (KO, research, published 2025-09-24) https://home-files.tossinvest.com/files/investment-info/a97ffd82-a59e-484e-a199-333b87c4241a.pdf: "The report identifies Vistra, CenterPoint Energy, and NRG Energy as companies with high Texas revenue exposure."

### Vistra (high)  → /vistra.md
- metric: Amount $693M · FY2025 · Houston Electric revenue from Vistra affiliates
- note: Vistra retail affiliates are Houston Electric's second-largest external customer group. Vistra's large Texas retail footprint supports the commercial context for its use of CenterPoint's delivery network.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/1130310/000113031026000008/cnp-20251231.htm: "Affiliates of Vistra Energy Corp. 693."
- [mentions] Toss Securities Research Center (KO, research, published 2025-09-24) https://home-files.tossinvest.com/files/investment-info/a97ffd82-a59e-484e-a199-333b87c4241a.pdf: "The report identifies Vistra, CenterPoint Energy, and NRG Energy as companies with high Texas revenue exposure."
- [mentions] The Henry Fund, University of Iowa (EN, analysis, published 2025-04-14) https://henryfund.tippie.uiowa.edu/sites/henryfund.tippie.uiowa.edu/files/2025-09/s25_VST.pdf: "In 2024, 69% of retail revenue was from Texas."

Reverse side: https://valuechain.wiki/centerpoint-energy/suppliers.md · Ripple: https://valuechain.wiki/centerpoint-energy/ripple.md

---
Full node: https://valuechain.wiki/centerpoint-energy.md · JSON: https://valuechain.wiki/centerpoint-energy.json