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City of La Porte March 4, 2021 Page 2 As detailed in the attached schedules and supporting material, the Company invested $45,065,113 in its Texas Coast Division in calendar year 2020, and the applicable IRA is: Proposed Current 2021 Interim Rate Customer Rate .Adjusted Increase Schedule Charge Adjustment' Charge Per Bill R-2096-I-GRIP 2021; $17.77 $0.88 $18.65 $0.88 R-2096-U-GRIP 2021 per customer per customer per customer per customer Residential per month per month per month per month GSS-2096-I-GRIP 2021; $21.48 $1.36 $22.84 $1.36 GSS-2096-U-GRIP 2021 General Service per customer per customer per customer per customer per month per month per month per month Small GSLV-627-I-GRIP 2021; $262.84 $33.15 $295.99 $33.15 GSLV-627-U-GRIP 2021 General General Service per customer per customer per customer per customer Lare Volume per month per month per month per month Along with and in support of the proposed IRA, CenterPoint includes the following: (a) An earnings monitoring report showing the Company's earnings for the Texas Coast Division during the 2020 calendar year (under the "Earnings Monitoring Report" section of the enclosed filing). (b) An Interim Rate Adjustment Application containing accounting schedules and project reports for the GRIP Adjustment Period including a description of (i) the projects undertaken during the GRIP Adjustment Period (ii) the investment to provide utility service in the Texas Coast Division, which were both completed and placed in service during the GRIP Adjustment Period, (iii) the Company's prior utility investments in the Texas Coast Division that were either retired or abandoned during the GRIP Adjustment Period, and (iv) the cost, need and customers benefited by those investments and retirements located in IRAs 12, 13, 14 and 15 which are voluminous and are being provided in electronic form only. (c) The Company's calculations of the GRIP Adjustment amount to go into effect on the later of the Planned Effective Date or the end of any suspension period 1 On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (the "TCJA") was signed into law. The TCJA reduced the federal corporate income tax rate from 35% to 21 %. The Company has calculated the GRIP Adjustment using the 35% federal corporate income tax rate approved in GUD No. 10567, The Company has also calculated and is seeking approval of the GRIP Adjustment using the 21% federal corporate income tax rate under the Tax Cuts and Jobs Act of 2017. The Proposed 2021 Interim. Rate Adjustment in the table above has been calculated using the reduced corporate income tax rate of 21%.