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Exhibit 10.1
 Semiannual Servicers Certificate
CenterPoint Energy Transition Bond Company II, LLC
$1,851,000,000 Series A Transition Bonds
 
 
 
 1. Collections Allocable and Aggregate Amounts Available for Current Payment Date:
 i.
    
    Remittances for the February 1 through 28, 2007 Collection Period
    
    
    12,489,365.53ii.
    
    Remittances for the March 1 through 31, 2007 Collection Period
    
    
    14,582,286.68iii.
    
    Remittances for the April 1 through 30, 2007 Collection Period
    
    
    12,955,536.09iv.
    
    Remittances for the May 1 through 31, 2007 Collection Period
    
    
    13,321,886.56v.
    
    Remittances for the June 1 through 30, 2007 Collection Period
    
    
    12,986,594.62vi.
    
    Remittances for the July 1 through 31, 2007 Collection Period
    
    
    16,308,597.25vii.
    
    Net Earnings on Collection Account
    
    
    1,495,420.01
    
    
    [1/1/07 through 6/30/07]viii.
    
    General Subaccount Balance (sum of i through vii above)
    
    
    84,139,686.74ix.
    
    Excess Funds Subaccount Balance as of Prior Payment Date
    
    
    4,713,668.89x.
    
    Capital Subaccount Balance as of Prior Payment Date
    
    
    9,255,000.00xi.
    
    Collection Account Balance (sum of viii through x above)
    
    
    98,108,355.63
 2. Outstanding Amounts as of Prior Payment Date:
 i.
    
    Tranche A-1 Principal Balance
    
    
    179,908,675.00ii.
    
    Tranche A-2 Principal Balance
    
    
    368,000,000.00iii.
    
    Tranche A-3 Principal Balance
    
    
    252,000,000.00iv.
    
    Tranche A-4 Principal Balance
    
    
    519,000,000.00v.
    
    Tranche A-5 Principal Balance
    
    
    462,000,000.00vi.
    
    Aggregate Principal Balance of all Series A Transition Bonds
    
    
    1,780,908,675.00
 3. Required Funding/Payments as of Current Payment Date:
 ProjectedPrincipal
    
    SemiannualSeries A Principal
    

Balance
    

Principal Duei.
    
    Tranche A-1
    
    
    144,571,638.00
    
    
    
    35,337,037.00ii.
    
    Tranche A-2
    
    
    368,000,000.00
    
    
    
    0.00iii.
    
    Tranche A-3
    
    
    252,000,000.00
    
    
    
    0.00iv.
    
    Tranche A-4
    
    
    519,000,000.00
    
    
    
    0.00v.
    
    Tranche A-5
    
    
    462,000,000.00
    
    
    
    0.00vi.
    
    For all Series A Transition Bonds
    
    
    1,745,571,638.00
    
    
    
    35,337,037.00
 Transition
    
    Days inBond
    
    InterestInterest Rate
    
    Period (1)
    
    Interest Duevii.
    
    Required Tranche A-1 Interest
    
    
    4.840
    %
    
    180
    
    
    4,353,789.94viii.
    
    Required Tranche A-2 Interest
    
    
    4.970
    %
    
    180
    
    
    9,144,800.00ix.
    
    Required Tranche A-3 Interest
    
    
    5.090
    %
    
    180
    
    
    6,413,400.00x.
    
    Required Tranche A-4 Interest
    
    
    5.170
    %
    
    180
    
    
    13,416,150.00xi.
    
    Required Tranche A-5 Interest
    
    
    5.302
    %
    
    180
    
    
    12,247,620.00
 
 (1)
    
    On 30/360 Day basis.




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FundingRequired Level
    
    Requiredxii.
    
    Capital Subaccount
    
    
    9,255,000.00
    
    
    
    0.00
 4. Allocation of Remittances as of Current Payment Date Pursuant to Section 8.02(d) of Indenture:
 i.
    
    Trustee Fees and Expenses
    
    
    2,520.00ii.
    
    Servicing Fee
    
    
    462,750.00
    (1)iii.
    
    Administration Fee and Independent Managers Fee
    
    
    50,000.00
    (2)iv.
    
    Operating Expenses
    
    
    44,406.23
    (3)v.
    
    Semiannual Interest (including any past-due Semiannual Interest for prior periods)
 Per $1,000of OriginalSeries A
    
    Aggregate
    
    Principal Amount1. Tranche A-1 Interest Payment
    
    
    4,353,789.94
    
    
    
    17.422. Tranche A-2 Interest Payment
    
    
    9,144,800.00
    
    
    
    24.853. Tranche A-3 Interest Payment
    
    
    6,413,400.00
    
    
    
    25.454. Tranche A-4 Interest Payment
    
    
    13,416,150.00
    
    
    
    25.855. Tranche A-5 Interest Payment
    
    
    12,247,620.00
    
    
    
    26.51vi.
    
    Principal Due and Payable as a result of Event of Default or on Final Maturity Date
 Per $1,000of OriginalSeries A
    
    Aggregate
    
    Principal Amount1. Tranche A-1 Principal Payment
    
    
    0.00
    
    
    
    0.002. Tranche A-2 Principal Payment
    
    
    0.00
    
    
    
    0.003. Tranche A-3 Principal Payment
    
    
    0.00
    
    
    
    0.004. Tranche A-4 Principal Payment
    
    
    0.00
    
    
    
    0.005. Tranche A-5 Principal Payment
    
    
    0.00
    
    
    
    0.00vii.
    
    Semiannual Principal
 Per $1,000of OriginalSeries A
    
    Aggregate
    
    Principal Amount1. Tranche A-1 Principal Payment
    
    
    35,337,037.00
    
    
    
    141.352. Tranche A-2 Principal Payment
    
    
    0.00
    
    
    
    0.003. Tranche A-3 Principal Payment
    
    
    0.00
    
    
    
    0.004. Tranche A-4 Principal Payment
    
    
    0.00
    
    
    
    0.005. Tranche A-5 Principal Payment
    
    
    0.00
    
    
    
    0.00viii.
    
    Amounts Payable to Credit Enhancement Providers (if applicable)
    
    
    N/Aix.
    
    Operating Expenses not Paid under Clause (iv) above
    
    
    0.00x.
    
    Funding of Capital Subaccount (to required level)
    
    
    0.00xi.
    
    Net Earnings in Capital Subaccount Released to Issuer
    
    
    242,019.09xii.
    
    Deposit to Excess Funds Subaccount
    
    
    2,425,194.48xiii.
    
    Released to Issuer upon Series Retirement: Collection Account
    
    
    0.00
 
 (1)
    
    Servicing fee: $1,851,000,000 x .05% x 180/360 = $462,750.00(2)
    
    Administration fee: $100,000 x 180/360 = $50,000.00(3)
    
    Reimbursement to Administrator for fees/expenses paid to outside legal counsel ($20,337.31), printer ($4,034.00), rating agencies ($10,000.00) and L/C issuing bank ($10,034.92)




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5. Subaccount Withdrawals as of Current Payment Date
(if applicable, pursuant to Section 8.02(d) of Indenture):
 i.
    
    Excess Funds Subaccount (available for 4.i. through 4.xi.)
    
    
    0.00ii.
    
    Capital Subaccount (available for 4.i. through 4.ix.)
    
    
    0.00iii.
    
    Total Withdrawals
    
    
    0.00
 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 Ai.
    
    Tranche A-1 Principal Balance
    
    
    144,571,638.00ii.
    
    Tranche A-2 Principal Balance
    
    
    368,000,000.00iii.
    
    Tranche A-3 Principal Balance
    
    
    252,000,000.00iv.
    
    Tranche A-4 Principal Balance
    
    
    519,000,000.00v.
    
    Tranche A-5 Principal Balance
    
    
    462,000,000.00vi.
    
    Aggregate Principal Balance for all Series A Transition Bonds
    
    
    1,745,571,638.00vii.
    
    Excess Funds Subaccount Balance
    
    
    7,138,863.37viii.
    
    Capital Subaccount Balance
    
    
    9,255,000.00ix.
    
    Aggregate Collection Account Balance
    
    
    16,393,863.37
 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 InterestSeries A1. Tranche A-1 Bond Interest Payment
    
    
    0.002. Tranche A-2 Bond Interest Payment
    
    
    0.003. Tranche A-3 Bond Interest Payment
    
    
    0.004. Tranche A-4 Bond Interest Payment
    
    
    0.005. Tranche A-5 Bond Interest Payment
    
    
    0.00ii.
    
    Semiannual PrincipalSeries A1. Tranche A-1 Principal Payment
    
    
    0.002. Tranche A-2 Principal Payment
    
    
    0.003. Tranche A-3 Principal Payment
    
    
    0.004. Tranche A-4 Principal Payment
    
    
    0.005. Tranche A-5 Principal Payment
    
    
    0.00
 8. Shortfall in Required Subaccount Level as of Current Payment Date
(after giving effect to payments to be made on such Payment Date):
 i.
    
    Capital Subaccount
    
    
    0.00
 IN WITNESS HEREOF, the undersigned has duly executed and delivered this
Semiannual Servicers Certificate this 31st day of July, 2007.
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC, as ServicerBy:
    /s/ Linda GeigerLinda GeigerAssistant Treasurer