ex10-1.htm


    Exhibit
10.1

     

    
      
        	
                Semiannual
      Servicer’s Certificate

              
	
                CenterPoint
      Energy Transition Bond Company, LLC (formerly Reliant Energy Transition
      Bond Company LLC)

              
	
                $748,897,000
      Transition Bonds, Series 2001-1

              
	 
      
	
                Pursuant
      to Section 6 of Annex 1 to the Transition Property Servicing Agreement
      (the "Agreement"), dated as of October 24, 2001,
between

              
	
                CenterPoint
      Energy Houston Electric, LLC (formerly Reliant Energy, Incorporated), as
      Servicer, and CenterPoint Energy Transition Bond Company,
    LLC

              
	
                (formerly
      Reliant Energy Transition Bond Company LLC), as Issuer, the Servicer does
      hereby certify as follows:

              
	 
      
	
                Capitalized
      terms used in this Semiannual Servicer’s Certificate have their respective
      meanings as

              
	
                set
      forth in the Agreement.  References herein to certain sections
      and subsections are references

              
	
                to
      the respective sections and subsections of the
  Agreement.

              
	 
      
	
                Collection
      Periods: March 13, 2009 through September 11,
    2009

              
	
                Payment
      Date: September 15, 2009

              
	
                Today's
      Date: September 11, 2009

              


      

    

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          	
                                                  1.
      Collections Allocable and Aggregate Amounts Available for Current Payment
      Date:

                                                	 	 	 	 
	 
      	
                                                  i.

                                                	
                                                  Remittances
      for the March 13 through 31, 2009 Collection Period

                                                	 	
                                                  3,800,366.20

                                                	 	 	 	 
	 
      	
                                                  ii.

                                                	
                                                  Remittances
      for the April 1 through 30, 2009 Collection Period

                                                	 	
                                                  6,854,760.08

                                                	 	 	 	 
	 
      	
                                                  iii.

                                                	
                                                  Remittances
      for the May 1 through 31, 2009 Collection Period

                                                	 	
                                                  6,433,887.93

                                                	 	 	 	 
	 
      	
                                                  iv.

                                                	
                                                  Remittances
      for the June 1 through 30, 2009 Collection Period

                                                	 	
                                                  7,489,827.73

                                                	 	 	 	 
	 
      	
                                                  v.

                                                	
                                                  Remittances
      for the July 1 through 31, 2009 Collection Period

                                                	 	
                                                  9,533,150.21

                                                	 	 	 	 
	 
      	
                                                  vi.

                                                	
                                                  Remittances
      for the August 1 through 31, 2009 Collection Period

                                                	 	
                                                  9,349,755.48

                                                	 	 	 	 
	 
      	
                                                  vii.

                                                	
                                                  Remittances
      for the September 1 through 11, 2009 Collection Period

                                                	 	
                                                  4,677,347.52

                                                	 	 	 	 
	 
      	
                                                  viii.

                                                	
                                                  Net
      Earnings on Collection Account

                                                	 	 
      	 	 [through
      8/31/09]
	 
      	 
      	
                                                     General
      Subaccount

                                                	 	
                                                  31,433.73

                                                	 	 	 	 
	 
      	 
      	
                                                     Overcollateralization
      Subaccount

                                                	 	
                                                  3,691.84

                                                	 	 	 	 
	 
      	 
      	
                                                     Capital
      Subaccount

                                                	 	
                                                  5,969.01

                                                	 	 	 	 
	 
      	 
      	
                                                     Reserve
      Subaccount

                                                	 	
                                                  15,968.83

                                                	 	 	 	 
	 
      	
                                                  ix.

                                                	
                                                  General
      Subaccount Balance (sum of i through viii above)

                                                	 	
                                                  48,196,158.56

                                                	 	 	 	 


                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          	 	 	 	 	 	 	 	 	 
	 
      	
                                                  x.

                                                	
                                                  Reserve
      Subaccount Balance as of Prior Payment Date

                                                	 	
                                                  11,361,970.06

                                                	 	 	 	 
	 
      	
                                                  xi.

                                                	
                                                  Overcollateralization
      Subaccount Balance as of Prior Payment Date

                                                	 	
                                                  2,340,303.13

                                                	 	 	 	 
	 
      	
                                                  xii.

                                                	
                                                  Capital
      Subaccount Balance as of Prior Payment Date

                                                	 	
                                                  3,744,485.00

                                                	 	 	 	 
	 
      	
                                                  xiii.

                                                	
                                                  Collection
      Account Balance (sum of ix through xii above)

                                                	 	
                                                  65,642,916.75

                                                	 	 	 	 
	 
      	 
      	
                                                   

                                                	 	 
      	 	 	 	 


                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            	 	 	 	 	 	 	 
	
                                                    2.
      Outstanding Amounts as of Prior Payment Date:

                                                  	 	 
      	 	 	 	 
	 
      	
                                                    i.

                                                  	
                                                    Class
      A-1 Principal Balance

                                                  	 	
                                                    0.00

                                                  	 	 	 	 
	 
      	
                                                    ii.

                                                  	
                                                    Class
      A-2 Principal Balance

                                                  	 	
                                                    0.00

                                                  	 	 	 	 
	 
      	
                                                    iii.

                                                  	
                                                    Class
      A-3 Principal Balance

                                                  	 	
                                                    38,615,263.00

                                                  	 	 	 	 
	 
      	
                                                    iv.

                                                  	
                                                    Class
      A-4 Principal Balance

                                                  	 	
                                                    385,897,000.00

                                                  	 	 	 	 
	 
      	
                                                    v.

                                                  	
                                                    Aggregate
      Principal Balance of all Series 2001-1 Transition Bonds

                                                  	 	
                                                    424,512,263.00

                                                  	 	 	 	 


                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          	 	 	 	 	 	 	 
	
                                                                                  3.
      Required Funding/Payments as of Current Payment Date:

                                                                                	 
      	 
      	 
      	 
      	 	 
	 
      	 
      	
                                                                                   

                                                                                   

                                                                                  Series 2001-1 Principal

                                                                                	 
      	
                                                                                  Projected

                                                                                  Principal

                                                                                  Balance

                                                                                	 
      	
                                                                                   

                                                                                  Semiannual

                                                                                  Principal
      Due

                                                                                	 	 
	 
      	
                                                                                  i.

                                                                                	
                                                                                  Class
      A-1

                                                                                	 
      	
                                                                                  0.00

                                                                                	 
      	
                                                                                  0.00

                                                                                	 	 
	 
      	
                                                                                  ii.

                                                                                	
                                                                                  Class
      A-2

                                                                                	 
      	
                                                                                  0.00

                                                                                	 
      	
                                                                                  0.00

                                                                                	 	 
	 
      	
                                                                                  iii.

                                                                                	
                                                                                  Class
      A-3

                                                                                	 
      	
                                                                                  0.00

                                                                                	 
      	
                                                                                  38,615,263.00

                                                                                	 	 
	 
      	
                                                                                  iv.

                                                                                	
                                                                                  Class
      A-4

                                                                                	 
      	
                                                                                  376,320,741.00

                                                                                	 
      	
                                                                                  9,576,259.00

                                                                                	 	 
	 
      	
                                                                                  v.

                                                                                	
                                                                                  For
      all Series 2001-1 Transition Bonds

                                                                                	 
      	
                                                                                  376,320,741.00

                                                                                	 
      	
                                                                                  48,191,522.00

                                                                                	 	 


                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	
                                          Transition

                                          Bond

                                          Interest Rate

                                        	 
      	
                                          Days in

                                          Interest

                                          Period (1)

                                        	 
      	
                                           

                                          Interest Due

                                        
	 
      	
                                          vi.

                                        	
                                          Required
      Class A-1 Interest

                                        	 
      	
                                          3.840%

                                        	 
      	
                                          180

                                        	 
      	
                                          0.00

                                        
	 
      	
                                          vii.

                                        	
                                          Required
      Class A-2 Interest

                                        	 
      	
                                          4.760%

                                        	 
      	
                                          180

                                        	 
      	
                                          0.00

                                        
	 
      	
                                          viii.

                                        	
                                          Required
      Class A-3 Interest

                                        	 
      	
                                          5.160%

                                        	 
      	
                                          180

                                        	 
      	
                                          996,273.79

                                        
	 
      	
                                          ix.

                                        	
                                          Required
      Class A-4 Interest

                                        	 
      	
                                          5.630%

                                        	 
      	
                                          180

                                        	 
      	
                                          10,863,000.55

                                        
	 
      	 
      	
                                          (1)
      On 30/360 Day basis.

                                        	 
      	 
      	 
      	 
      	 
      	 
      


                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      	 
      	 
      	 
      	 
      	 
      

                                              Required Level

                                            	
                                               

                                            	
                                               Funding

                                              Required

                                            	 
      	 
      
	 
      	
                                              x.

                                            	
                                              Overcollateralization
      Subaccount

                                            	 
      	
                                              2,496,323.33

                                            	 	
                                              156,020.20

                                            	 
      	 
      
	 
      	
                                              xi.

                                            	
                                              Capital
      Subaccount

                                            	 
      	
                                              3,744,485.00

                                            	 	
                                              0.00

                                            	 
      	 
      


                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        	 	 	 	 	 
	
                                4.
      Allocation of Remittances as of Current Payment Date Pursuant to Section
      8.02(d) of Indenture:

                              	 
      	 
      	 
      	 
      
	 
      	
                                i.

                              	
                                Trustee
      Fees and Expenses

                              	 
      	
                                0.00

                              	 
      	 
      	 
      	 
      
	 
      	
                                ii.

                              	
                                Servicing
      Fee

                              	 
      	
                                187,224.25

                              	
                                 (1)

                              	 
      	 
      	 
      
	 
      	
                                iii.

                              	
                                Administration
      Fee and Independent Managers Fee

                              	 
      	
                                50,000.00

                              	
                                 (2)

                              	 
      	 
      	 
      
	 
      	
                                iv.

                              	
                                Operating
      Expenses

                              	 
      	
                                40,969.17

                              	
                                 (3)

                              	 
      	 
      	 
      
	 
      	
                                v.

                              	
                                Semiannual
      Interest (including any past-due Semiannual Interest for prior
      periods)

                              	 
      	 
      


                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      	 
      	 
      	
                                                               

                                                               

                                                              Series 2001-1

                                                            	 
      	
                                                               

                                                               

                                                              Aggregate

                                                            	 
      	
                                                              Per
      1,000

                                                              of
      Original

                                                              Principal
      Amount

                                                            	
                                                               

                                                            	 
	 
      	 
      	
                                                              1.
      Class A-1 Interest Payment

                                                            	 
      	
                                                              0.00

                                                            	 
      	
                                                              0.00

                                                            	 
      	 
	 
      	 
      	
                                                              2.
      Class A-2 Interest Payment

                                                            	 
      	
                                                              0.00

                                                            	 
      	
                                                              0.00

                                                            	 
      	 
	 
      	 
      	
                                                              3.
      Class A-3 Interest Payment

                                                            	 
      	
                                                              996,273.79

                                                            	 
      	
                                                              7.66

                                                            	 
      	 
	 
      	 
      	
                                                              4.
      Class A-4 Interest Payment

                                                            	 
      	
                                                              10,863,000.55

                                                            	 
      	
                                                              28.15

                                                            	 
      	 


                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    	 	 	 	 	 	 
	 
      	
                                                                            vi.

                                                                          	
                                                                            Principal
      Due and Payable as a result of Event of Default or on Final Maturity
      Date

                                                                          	 
      	 
      	 
	 
      	 
      	
                                                                             

                                                                             

                                                                            Series 2001-1

                                                                          	 
      	
                                                                             

                                                                             

                                                                            Aggregate

                                                                          	 
      	
                                                                            
                                                                              Per
      1,000

                                                                              of
      Original

                                                                              Principal
      Amount

                                                                            

                                                                          	
                                                                          	 
	 
      	 
      	
                                                                            1.
      Class A-1 Principal Payment

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	 
	 
      	 
      	
                                                                            2.
      Class A-2 Principal Payment

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	 
	 
      	 
      	
                                                                            3.
      Class A-3 Principal Payment

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	 
	 
      	 
      	
                                                                            4.
      Class A-4 Principal Payment

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	
                                                                            0.00

                                                                          	 
      	 


                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                	 	 	 	 	 	 	 	 	 
	 
      	
                                                        vii.

                                                      	
                                                        Semiannual
      Principal

                                                      	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                                         

                                                         

                                                        Series 2001-1

                                                      	 
      	
                                                         

                                                         

                                                        Aggregate

                                                      	 
      	
                                                        
                                                          Per
      1,000

                                                          of
      Original

                                                        

                                                        Principal
      Amount

                                                      	
                                                         

                                                      	 
	 
      	 
      	
                                                        1.
      Class A-1 Principal Payment

                                                      	 
      	
                                                        0.00

                                                      	 
      	
                                                        0.00

                                                      	 
      	 
	 
      	 
      	
                                                        2.
      Class A-2 Principal Payment

                                                      	 
      	
                                                        0.00

                                                      	 
      	
                                                        0.00

                                                      	 
      	 
	 
      	 
      	
                                                        3.
      Class A-3 Principal Payment

                                                      	 
      	
                                                        38,615,263.00

                                                      	 
      	
                                                        297.04

                                                      	 
      	 
	 
      	 
      	
                                                        4.
      Class A-4 Principal Payment

                                                      	 
      	
                                                        9,576,259.00

                                                      	 
      	
                                                        24.82

                                                      	 
      	 


                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        	 	 	 	 	 	 	 	 
	 
      	
                                viii.

                              	
                                Amounts
      Payable to Credit Enhancement Providers (if applicable)

                              	
                                N/A

                              	 
      	 
      	 
      	 
	 
      	
                                ix.

                              	
                                Operating
      Expenses not Paid under Clause (iv) above

                              	 
      	
                                0.00

                              	 
      	 
      	 
      	 
	 
      	
                                x.

                              	
                                Funding
      of Capital Subaccount

                              	 
      	
                                0.00

                              	 
      	 
      	 
      	 
	 
      	
                                xi.

                              	
                                Funding
      of Overcollateralization Subaccount

                              	 
      	
                                0.00

                              	 
      	 
      	 
      	 
	 
      	
                                xii.

                              	
                                Net
      Earnings in Capital Subaccount Released to Issuer

                              	 
      	
                                0.00

                              	 
      	 
      	 
      	 
	 
      	
                                xiii.

                              	
                                Deposit
      to Reserve Subaccount

                              	 
      	
                                0.00

                              	 
      	 
      	 
      	 
	 
      	
                                xiv.

                              	
                                Released
      to Issuer upon Series Retirement: Collection Account

                              	
                                0.00

                              	 
      	 
      	 
      	 
	 
      	
                                xv.

                              	
                                Aggregate
      Remittances as of Current Payment Date

                              	 
      	
                                60,328,989.76

                              	 
      	 
      	 
      	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                (1)
      Servicing fee: $748,897,000 x .05% x 180/360 = $187,224.25

                              	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                (2)
      Administration fee: $50,000 x 180/180 = $50,000.00

                              	 
	 
      	 
      	
                                (3)
      Reimbursement to Administrator for fees/expenses paid to outside legal
      counsel ($26,336.17) and

                              	 
	 
      	 
      	
                                      independent
      accountants ($14,633.00).

                              	 
      	 
      	 
      	 


                      

                    

                  

                

              

            

          

        

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      
        
          
            
              
                
                  
                    
                      
                        	
                                5.
      Subaccount Withdrawals as of Current Payment Date

                                    (if applicable, pursuant to Section 8.02(d)
      of Indenture):

                              	 
      	 
      	 
      	 	 
      	 
      
	 
      	
                                i.

                              	
                                Reserve
      Subaccount (available for 4.i. through 4.xii.)

                              	
                                11,361,970.06

                              	 
      	 	 
      	 
      
	 
      	
                                ii.

                              	
                                Overcollateralization
      Subaccount (available for 4.i. through 4.ix.)

                              	
                                770,861.14

                              	 
      	 	 
      	 
      
	 
      	
                                iii.

                              	
                                Capital
      Subaccount (available for 4.i. through 4.ix.)

                              	 
      	
                                0.00

                              	 
      	 	 
      	 
      
	 
      	
                                iv.

                              	
                                Total
      Withdrawals

                              	 
      	
                                12,132,831.20

                              	 
      	 	 
      	 
      


                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    	 	 	 	 	 
	
                                                                            6.
      Outstanding Amounts and Collection Account Balance as of Current Payment
      Date

                                                                               (after giving
      effect to payments to be made on such Payment Date):

                                                                          	 	 	 	 
	 
      	 
      	
                                                                            Series 2001-1

                                                                          	 
      	 
      	 	 	 	 
	 
      	
                                                                            i.

                                                                          	
                                                                            Class
      A-1 Principal Balance

                                                                          	 
      	
                                                                            0.00

                                                                          	 	 	 	 
	 
      	
                                                                            ii.

                                                                          	
                                                                            Class
      A-2 Principal Balance

                                                                          	 
      	
                                                                            0.00

                                                                          	 	 	 	 
	 
      	
                                                                            iii.

                                                                          	
                                                                            Class
      A-3 Principal Balance

                                                                          	 
      	
                                                                            0.00

                                                                          	 	 	 	 
	 
      	
                                                                            iv.

                                                                          	
                                                                            Class
      A-4 Principal Balance

                                                                          	 
      	
                                                                            376,320,741.00

                                                                          	 	 	 	 
	 
      	
                                                                            v.

                                                                          	
                                                                            Aggregate
      Principal Balance for all Series 2001-1 Transition Bonds

                                                                          	
                                                                            376,320,741.00

                                                                          	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 	 	 	 
	 
      	
                                                                            vi.

                                                                          	
                                                                            Reserve
      Subaccount Balance

                                                                          	 
      	
                                                                            0.00

                                                                          	 	 	 	 
	 
      	
                                                                            vii.

                                                                          	
                                                                            Overcollateralization
      Subaccount Balance

                                                                          	 
      	
                                                                            1,569,441.99

                                                                          	 	 	 	 
	 
      	
                                                                            viii.

                                                                          	
                                                                            Capital
      Subaccount Balance

                                                                          	 
      	
                                                                            3,744,485.00

                                                                          	 	 	 	 
	 
      	
                                                                            ix.

                                                                          	
                                                                            Aggregate
      Collection Account Balance

                                                                          	 
      	
                                                                            5,313,926.99

                                                                          	 	 	 	 
	 	 	 	 	 	 	 	 	 


                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  7.
      Shortfalls In Interest and Principal Payments as of Current Payment
      Date

                                     
      (after
      giving effect to payments to be made on such Payment
Date):

                                	 
      	 
      	 
      	 
      	 
      	 
	 
      	
                                  i.

                                	
                                  Semiannual
      Interest

                                	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                  Series 2001-1

                                	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                  1.
      Class A-1 Bond Interest Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	
                                  2.
      Class A-2 Bond Interest Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	
                                  3.
      Class A-3 Bond Interest Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	
                                  4.
      Class A-4 Bond Interest Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
	 
      	
                                  ii.

                                	
                                  Semiannual
      Principal

                                	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                  Series 2001-1

                                	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                  1.
      Class A-1 Principal Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	
                                  2.
      Class A-2 Principal Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	
                                  3.
      Class A-3 Principal Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	
                                  4.
      Class A-4 Principal Payment

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
	
                                  8.
      Shortfalls in Required Subaccount Levels as of Current Payment
      Date

                                     
      (after
      giving effect to payments to be made on such Payment
Date):

                                	 
      	 
      	 
      	 
      	 
	 
      	
                                  i.

                                	
                                  Overcollateralization
      Subaccount

                                	 
      	
                                  926,881.34

                                	 
      	 
      	 
      	 
	 
      	
                                  ii.

                                	
                                  Capital
      Subaccount

                                	 
      	
                                  0.00

                                	 
      	 
      	 
      	 


                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            	 	 	 	 	 	 
	 	 	 	 	 	 
	 
      	
                                                    IN
      WITNESS HEREOF, the undersigned has duly executed and delivered this
      Semiannual Servicer's Certificate this 11th day of September,
      2009.

                                                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
	 
      	
                                                    CENTERPOINT
      ENERGY HOUSTON ELECTRIC, LLC (formerly RELIANT
      ENERGY, INCORPORATED), as Servicer

                                                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
	 
      	
                                                    by:

                                                  	 /s/
      Linda Geiger   	
                                                     

                                                  	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                                    Linda
      Geiger

                                                  	 
      	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                                    Assistant
      Treasurer