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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-K
 (Mark One)
 þ
    
    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended December 31, 2009
 Or
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 For the transition period from  to
 Commission file number of issuing entity: 333-162370-01
 CENTERPOINT ENERGY RESTORATION BOND COMPANY, LLC
 Exact name of issuing entity as specified in its charter
 CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC
 Exact name of depositor and sponsor as specified in its charter
 Delaware
    
    30-0582734(State or other jurisdiction of
    
    (I.R.S. Employerincorporation or organization)
    
    Identification No.)
 1111 Louisiana
Suite 4664B
Houston, Texas 77002  Address of principal executive offices
 Issuing entitys telephone number, including area code: (713) 207-7420
 Securities registered pursuant to Section 12(b) of the Act:
 Securities registered pursuant to Section 12(g) of the Act:
  o þ
  o þ
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  o o
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  Large accelerated filer o
    
    Accelerated filer o
    
    Non-accelerated filer þ
    
    Smaller reporting company o(Do not check if a smaller reporting company)
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TABLE OF CONTENTS  PART IItem 1. BusinessItem 1A. Risk FactorsItem 1B. Unresolved Staff CommentsItem 2. PropertiesItem 3. Legal ProceedingsItem 4. ReservedPART IIItem 5. Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity SecuritiesItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresItem 9B. Other InformationPART IIIItem 10. Directors, Executive Officers and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13. Certain Relationships and Related Transactions, and Director IndependenceItem 14. Principal Accountant Fees and ServicesPART IVItem 15. Exhibits and Financial Statement SchedulesItem 1112(b). Significant Obligors of Pool AssetsItem 1114(b)(2). Credit Enhancement and Other Support, Except for Certain Derivatives InstrumentsItem 1115(b). Certain Derivatives InstrumentsItem 1117. Legal ProceedingsItem 1119. Affiliations and Certain Relationships and Related TransactionsItem 1122. Compliance with Applicable Servicing CriteriaItem 1123. Servicer Compliance StatementSIGNATURESEXHIBIT INDEXEX-31.1EX-33.1EX-33.2EX-34.1EX-34.2EX-35.1    Table of Contents  
 PART I
 
 Item 1. Business.
  
 Item 1A. Risk Factors.
  
 Item 1B. Unresolved Staff Comments.
  
 Item 2. Properties.
  
 Item 3. Legal Proceedings.
  
 Item 4. Reserved.
 
 PART II
 
 Item 5. Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities.
  
 Item 6. Selected Financial Data.
  
 Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations.
  
 Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
  
 Item 8. Financial Statements and Supplementary Data.
  
 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
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Item 9A. Controls and Procedures.
  
 Item 9B. Other Information.
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PART III
 
 Item 10. Directors, Executive Officers and Corporate Governance.
  
    
    a direct or indirect legal or beneficial owner of the Company, CenterPoint Houston, any
of the Companys respective affiliates or any of CenterPoint Houstons affiliates,
    
    a relative, supplier, employee, officer, director, manager (other than as an independent
director or manager of the Company, CenterPoint Houston or any of its affiliates, as the
case may be), contractor or material creditor of the Company, CenterPoint Houston or any of
its affiliates, or
    
    a person who controls (whether directly, indirectly or otherwise) CenterPoint Houston or
any of its affiliates or any creditor, employee, officer, director, manager or material
supplier or contractor of CenterPoint Houston or its affiliates; provided, that the indirect
or beneficial ownership of stock of CenterPoint Houston or its affiliates through a mutual
fund or similar diversified investment vehicle with respect to which the owner does not have
discretion or control over the investments held by such diversified investment vehicle shall
not preclude such owner from being an independent manager.
  Name
    
    Age
    
    Title and BackgroundBernard J. Angelo
    
    
    40
    
    
    Independent Manager of the Company;
Partner at Global Securitization Services,
LLC since 2002.Gary L. Whitlock
    
    
    60
    
    
    Manager, President of the Company;
Executive Vice President and Chief
Financial Officer of CenterPoint Energy,
Inc. since September 2002.Walter L. Fitzgerald
    
    
    52
    
    
    Manager, Senior Vice President and Chief
Accounting Officer of the Company; Vice
President and Controller of CenterPoint
Energy, Inc. since 2001 and Senior Vice
President and Chief Accounting Officer
since 2007.Marc Kilbride
    
    
    57
    
    
    Manager, Vice President and Treasurer of
the Company; Vice President and Treasurer
of CenterPoint Energy, Inc. since June
2002.Scott E. Rozzell
    
    
    60
    
    
    Executive Vice President, General Counsel
and Secretary of the Company; Executive
Vice President, General Counsel and
Corporate Secretary of CenterPoint Energy,
Inc. since September 2002.
 Code of Conduct
 www.centerpointenergy.com
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##### Table of Contents



Item 11. Executive Compensation.
   
 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters.
  
 Item 13. Certain Relationships and Related Transactions, and Director Independence.
  
 Item 14. Principal Accountant Fees and Services.
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PART IV
 
 Item 15. Exhibits and Financial Statement Schedules.
 (a) Documents filed as a part of this report:
 1.
    
    Financial Statements. Not applicable.2.
    
    Financial Statement Schedules. Not applicable.3.
    
    Exhibits required by Item 601 of Regulation S-K (exhibits marked with an asterisk are filed
herewith and the others are incorporated by reference):
 3.1
    
    Certificate of Formation of the Issuing Entity filed with the Delaware Secretary of
State on August 6, 2009.3.2
    
    Amended and Restated Limited Liability Company Agreement of the Issuing Entity dated
as of November 25, 2009.4.1
    
    Indenture dated as of November 25, 2009 by and between the Issuing Entity and
Deutsche Bank Trust Company Americas.4.2
    
    First Supplemental Indenture dated as of November 25, 2009 by and between the Issuing
Entity and Deutsche Bank Trust Company Americas providing for the issuance of the Senior
Secured System Restoration Bonds.4.3
    
    Form of the Senior Secured System Restoration Bonds.10.1
    
    System Restoration Property Sale Agreement dated as of November 25, 2009 by and
between the Issuing Entity and CenterPoint Houston, as seller.10.2
    
    System Restoration Property Servicing Agreement dated as of November 25, 2009 by and
between the Issuing Entity and CenterPoint Houston, as servicer.10.3
    
    Administration Agreement dated as of November 25, 2009 by and between the Issuing
Entity and CenterPoint Houston, as administrator.10.4
    
    Intercreditor Agreement dated as of November 25, 2009 by and among the Issuing
Entity, CenterPoint Houston, Deutsche Bank Trust Company Americas and various other
parties named therein.*31.1
    
    Certification pursuant to Rule 13a-14(d)/15d-14(d).*33.1
    
    Report on assessment of compliance with servicing criteria for asset-backed securities for CenterPoint Houston.*33.2
    
    Assertion of compliance with applicable servicing criteria for Deutsche Bank Trust Company Americas.*34.1
    
    Attestation report on assessment of compliance with servicing criteria for
asset-backed securities of Deloitte & Touche LLP on behalf of CenterPoint Houston.*34.2
    
    Attestation report on assessment of compliance with servicing criteria for
asset-backed securities of KPMG LLP on behalf of Deutsche Bank Trust Company Americas.*35.1
    
    Servicer compliance statement.
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(b)
    
    Exhibits required by this Form and Item 601 of Regulation S-K (exhibits marked with an
asterisk are filed herewith):
 3.1
    
    Certificate of Formation of the Issuing Entity filed with the Delaware Secretary of
State on August 6, 2009 (incorporated by reference to Exhibit 3.4 included as an exhibit
to the Issuing Entitys Form S-3 Registration Statement filed with the SEC on October 7,
2009).3.2
    
    Amended and Restated Limited Liability Company Agreement of the Issuing Entity dated
as of November 25, 2009 (incorporated by reference to Exhibit 3.1 included as an exhibit
to the Issuing Entitys Current Report on Form 8-K filed with the SEC on November 25,
2009).4.1
    
    Indenture dated as of November 25, 2009 by and between the Issuing Entity and
Deutsche Bank Trust Company Americas (incorporated by reference to Exhibit 4.1 included as
an exhibit to the Issuing Entitys Current Report on Form 8-K filed with the SEC on
November 25, 2009).4.2
    
    First Supplemental Indenture dated as of November 25, 2009 by and between the Issuing
Entity and Deutsche Bank Trust Company Americas providing for the issuance of the Senior
Secured System Restoration Bonds (incorporated by reference to Exhibit 4.2 included as an
exhibit to the Issuing Entitys Current Report on Form 8-K filed with the SEC on November
25, 2009).4.3
    
    Form of the Senior Secured System Restoration Bonds (included as Exhibit A to the
First Supplemental Indenture filed as Exhibit 4.2) (incorporated by reference to the
Exhibit 4.3 included as an exhibit to the Issuing Entitys Current Report on Form 8-K
filed with the SEC on November 25, 2009).10.1
    
    System Restoration Property Sale Agreement dated as of November 25, 2009 by and
between the Issuing Entity and CenterPoint Houston, as seller (incorporated by reference
to exhibit 10.1 included as an exhibit to the Issuing Entitys Current Report on Form 8-K
filed with the SEC on November 25, 2009).10.2
    
    System Restoration Property Servicing Agreement dated as of November 25, 2009 by and
between the Issuing Entity and CenterPoint Houston, as servicer (incorporated by reference
to exhibit 10.2 included as an exhibit to the Issuing Entitys Current Report on Form 8-K
filed with the SEC on November 25, 2009).10.3
    
    Administration Agreement dated as of November 25, 2009 by and between the Issuing
Entity and CenterPoint Houston, as administrator (incorporated by reference to exhibit
10.3 included as an exhibit to the Issuing Entitys Current Report on Form 8-K filed with
the SEC on November 25, 2009).10.4
    
    Intercreditor Agreement dated as of November 25, 2009 by and among the Issuing
Entity, CenterPoint Houston, Deutsche Bank Trust Company Americas and various other
parties named therein (incorporated by reference to exhibit 10.4 included as an exhibit to
the Issuing Entitys Current Report on Form 8-K filed with the SEC on November 25, 2009).*31.1
    
    Certification pursuant to Rule 13a-14(d)/15d-14(d).*33.1
    
    Report on assessment of compliance with servicing criteria for asset-backed securities for CenterPoint Houston.*33.2
    
    Assertion of compliance with applicable servicing criteria for Deutsche Bank Trust Company Americas.*34.1
    
    Attestation report on assessment of compliance with servicing criteria for
asset-backed securities of Deloitte & Touche LLP on behalf of CenterPoint Houston.*34.2
    
    Attestation report on assessment of compliance with servicing criteria for
asset-backed securities of KPMG LLP on behalf of Deutsche Bank Trust Company Americas.*35.1
    
    Servicer compliance statement.(c)
    
    Not applicable.
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Item 1112(b). Significant Obligors of Pool Assets.
  
 Item 1114(b)(2). Credit Enhancement and Other Support, Except for Certain Derivatives Instruments.
  
 Item 1115(b). Certain Derivatives Instruments.
  
 Item 1117. Legal Proceedings.
  
 Item 1119. Affiliations and Certain Relationships and Related Transactions.
  
 Item 1122. Compliance with Applicable Servicing Criteria.
  
 Item 1123. Servicer Compliance Statement.
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SIGNATURES
  CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC
(Depositor)/s/ Marc KilbrideName:
    Marc KilbrideTitle:
    Vice President and Treasurer(Senior officer in charge of securitization) 
 EXHIBIT INDEX
 *  31.1
    
    Certification pursuant to Rule 13a-14(d)/15d-14(d)*  33.1
    
    Report on assessment of compliance with servicing criteria for asset-backed securities
for CenterPoint Houston.*  33.2
    
    Assertion of compliance with applicable servicing criteria for Deutsche Bank Trust
Company Americas.*  34.1
    
    Attestation report on assessment of compliance with servicing criteria for asset-backed
securities of Deloitte & Touche LLP on behalf of CenterPoint Houston.*  34.2
    
    Attestation report on assessment of compliance with servicing criteria for asset-backed
securities of KPMG LLP on behalf of Deutsche Bank Trust Company Americas.*  35.1
    
    Servicer compliance statement.
 
 9