UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): FEBRUARY 23, 2005
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CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC
(Exact name of registrant as specified in its charter)
TEXAS 1-3187 22-3865106
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1111 LOUISIANA
HOUSTON, TEXAS 77002
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 207-1111
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 OTHER EVENTS.
As disclosed in the Current Report on Form 8-K of CenterPoint Energy
Houston Electric, LLC (the Company) filed with the Securities and Exchange
Commission on December 30, 2004, the Board of Directors of CenterPoint Energy,
Inc. (CenterPoint Energy) adopted a plan for an accounting reorganization of
CenterPoint Energy, to be effective as of January 1, 2005, and the Manager for
the Company adopted a similar plan for the Company. These plans were adopted to
eliminate the accumulated retained earnings deficit that exists at both
companies; as adopted in December 2004, the plans were subject to the
satisfaction of certain conditions on or before February 28, 2005. CenterPoint
Energy is continuing to work to finalize the accounting reorganization, and on
February 23, 2005, the Board of Directors of CenterPoint Energy amended the plan
to require that unless the Board of Directors makes a determination that the
accounting reorganization is inconsistent with CenterPoint Energy's regulatory
obligations on or before May 10, 2005, the accounting reorganization would be
implemented effective January 1, 2005. The Manager for the Company adopted an
identical amendment to its plan.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC
Date: February 25, 2005 By: /s/ James S. Brian
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James S. Brian
Senior Vice President and
Chief Accounting Officer