| Semiannual      Servicer’s Certificate                                                                                                         |
|------------------------------------------------------------------------------------------------------------------------------------------------------|
| CenterPoint      Energy Transition Bond Company II, LLC                                                                                              |
| $1,851,000,000      Series A Transition Bonds                                                                                                        |   |
|                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
| Pursuant      to Section 6 of Annex 1 to the Transition Property Servicing Agreement      (the "Agreement"), dated as of December 16, 2005,  between |
| CenterPoint      Energy Houston Electric, LLC, as Servicer, and CenterPoint Energy      Transition Bond Company II, 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: January 31, 2008 through July 30, 2008                                                                                      |
| Payment      Date: August 1, 2008                                                                                                                    |
| Today's      Date: July 30, 2008                                                                                                                     |   |
|                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
| 1.      Collections Allocable and Aggregate Amounts Available for Current Payment      Date:                                                         |   |   |   |   |   |   |   |
|                                                                                                                                                 | i. | Remittances      for the January 31, 2008 Collection Period |   |   | 141,585.57 |   |   |   |   |
|                                                                                                                                                 | ii. | Remittances      for the February 1 through 29, 2008 Collection Period |   |   | 12,598,724.49 |   |   |   |   |
|                                                                                                                                                 | iii. | Remittances      for the March 1 through 31, 2008 Collection Period |   |   | 12,588,677.39 |   |   |   |   |
|                                                                                                                                                 | iv. | Remittances      for the April 1 through 30, 2008 Collection Period |   |   | 12,409,302.19 |   |   |   |   |
|                                                                                                                                                 | v. | Remittances      for the May 1 through 31, 2008 Collection Period |   |   | 13,406,246.49 |   |   |   |   |
|                                                                                                                                                 | vi. | Remittances      for the June 1 through 30, 2008 Collection Period |   |   | 12,808,044.52 |   |   |   |   |
|                                                                                                                                                 | vii. | Remittances      for the July 1 through 30, 2008 Collection Period |   |   | 17,203,492.59 |   |   |   |   |
|                                                                                                                                                 | viii. | Net      Earnings on Collection Account |   |   |   |   | [1/1/08      through 6/30/08] |
|                                                                                                                                                 |   |    General      Subaccount |   |   | 712,965.77 |   |   |   |   |
|                                                                                                                                                 |   |    Capital      Subaccount |   |   | 146,068.49 |   |   |   |   |
|                                                                                                                                                 |   |    Excess      Funds Subaccount |   |   | 172,246.26 |   |   |   |   |
|                                                                                                                                                 | ix. | General      Subaccount Balance (sum of i through viii above) |   |   | 82,187,353.76 |   |   |   |   |
|                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                 | x. | Excess      Funds Subaccount Balance as of Prior Payment Date |   |   | 12,140,488.33 |   |   |   |   |
|                                                                                                                                                 | xi. | Capital      Subaccount Balance as of Prior Payment Date |   |   | 9,255,000.00 |   |   |   |   |
|                                                                                                                                                 | xii. | Collection      Account Balance (sum of ix through xi above) |   |   | 103,582,842.09 |   |   |   |   |
|                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
| 2.      Outstanding Amounts as of Prior Payment Date:                                                                                                |   |   |   |   |   |   |   |
|                                                                                                                                                 | i. | Tranche      A-1 Principal Balance |   |   | 89,916,590.00 |   |   |   |   |
|                                                                                                                                                 | ii. | Tranche      A-2 Principal Balance |   |   | 368,000,000.00 |   |   |   |   |
|                                                                                                                                                 | iii. | Tranche      A-3 Principal Balance |   |   | 252,000,000.00 |   |   |   |   |
|                                                                                                                                                 | iv. | Tranche      A-4 Principal Balance |   |   | 519,000,000.00 |   |   |   |   |
|                                                                                                                                                 | v. | Tranche      A-5 Principal Balance |   |   | 462,000,000.00 |   |   |   |   |
|                                                                                                                                                 | vi. | Aggregate      Principal Balance of all Series A Transition Bonds |   |   | 1,690,916,590.00 |   |   |   |   |
|                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
| 3.      Required Funding/Payments as of Current Payment Date:                                                                                        |   |   |   |   |   |   |   |
|                                                                                                                                                 |   |   |   |   | Projected |   |   |   |   |
|                                                                                                                                                 |   |   |   |   | Principal |   | Semiannual |   |   |
|                                                                                                                                                 |   | Series A Principal |   |   | Balance |   | Principal Due |   |
|                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                 | i. | Tranche      A-1 |   |   | 50,875,178.00 |   | 39,041,412.00 |   |   |
|                                                                                                                                                 | ii. | Tranche      A-2 |   |   | 368,000,000.00 |   | 0.00 |   |   |
|                                                                                                                                                 | iii. | Tranche      A-3 |   |   | 252,000,000.00 |   | 0.00 |   |   |
|                                                                                                                                                 | iv. | Tranche      A-4 |   |   | 519,000,000.00 |   | 0.00 |   |   |
|                                                                                                                                                 | v. | Tranche      A-5 |   |   | 462,000,000.00 |   | 0.00 |   |   |
|                                                                                                                                                 | vi. | For      all Series A Transition Bonds |   |   | 1,651,875,178.00 |   | 39,041,412.00 |   |   |

----

|   |   |                               |   |   | Transition    |   | Days      in |   |          |
|--------|--------|------------------------------------|--------|--------|---------------|--------|--------------|--------|---------------|
|   |   |                               |   |   | Bond          |   | Interest     |   |          |
|   |   |                               |   |   | Interest Rate |   | Period (1)   |   | Interest Due  |
|   |   |                               |   |   |          |   |         |   |          |
|   | vii.   | Required      Tranche A-1 Interest |   |   | 4.840%        |   | 180          |   | 2,175,981.48  |
|   | viii.  | Required      Tranche A-2 Interest |   |   | 4.970%        |   | 180          |   | 9,144,800.00  |
|   | ix.    | Required      Tranche A-3 Interest |   |   | 5.090%        |   | 180          |   | 6,413,400.00  |
|   | x.     | Required      Tranche A-4 Interest |   |   | 5.170%        |   | 180          |   | 13,416,150.00 |
|   | xi.    | Required      Tranche A-5 Interest |   |   | 5.302%        |   | 180          |   | 12,247,620.00 |
|   |   | (1)      On 30/360 Day basis.      |   |   |          |   |         |   | 43,397,951.48 |

|                                                                                                        |   |                                                                                                  |   |   |           |   |  Funding    |   |   |
|-------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------|--------|--------|----------------|--------|------------------|--------|--------|
|                                                                                                        |   |                                                                                                  |   |   | Required Level |   |  Required   |   |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   |             |   |   |
|                                                                                                        | xii.   | 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                                                                        |   |   | 2,540.00       |   |             |   |   |
|                                                                                                        | ii.    | Servicing      Fee                                                                                    |   |   | 462,750.00     | (1)    |             |   |   |
|                                                                                                        | iii.   | Administration      Fee and Independent Managers Fee                                                  |   |   | 50,000.00      | (2)    |             |   |   |
|                                                                                                        | iv.    | Operating      Expenses                                                                               |   |   | 41,393.67      | (3)    |             |   |   |
|                                                                                                        | v.     | Semiannual      Interest (including any past-due Semiannual Interest for prior      periods)          |   |   |           |   |             |
|                                                                                                        |   |                                                                                                  |   |   |           |   | Per      $1,000  |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   | of      Original |   |
|                                                                                                        |   | Series A                                                                                              |   |   | Aggregate      |   | Principal Amount |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   |             |   |   |
|                                                                                                        |   | 1.      Tranche A-1 Interest Payment                                                                  |   |   | 2,175,981.48   |   | 8.70             |   |   |
|                                                                                                        |   | 2.      Tranche A-2 Interest Payment                                                                  |   |   | 9,144,800.00   |   | 24.85            |   |   |
|                                                                                                        |   | 3.      Tranche A-3 Interest Payment                                                                  |   |   | 6,413,400.00   |   | 25.45            |   |   |
|                                                                                                        |   | 4.      Tranche A-4 Interest Payment                                                                  |   |   | 13,416,150.00  |   | 25.85            |   |   |
|                                                                                                        |   | 5.      Tranche A-5 Interest Payment                                                                  |   |   | 12,247,620.00  |   | 26.51            |   |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   |             |   |   |
|                                                                                                        | vi.    | Principal      Due and Payable as a result of (A) Event of Default or (B) on Final      Maturity Date |   |   |           |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   | Per      $1,000  |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   | of      Original |   |
|                                                                                                        |   | Series A                                                                                              |   |   | Aggregate      |   | Principal Amount |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   |             |   |   |
|                                                                                                        |   | 1.      Tranche A-1 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   | 2.      Tranche A-2 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   | 3.      Tranche A-3 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   | 4.      Tranche A-4 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   | 5.      Tranche A-5 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   |             |   |   |
|                                                                                                        |   | (C)      Principal Scheduled to be Paid on Current Payment Date                                       |   |   |           |   |             |   |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   | Per      $1,000  |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   | of      Original |   |
|                                                                                                        |   | Series A                                                                                              |   |   | Aggregate      |   | Principal Amount |   |
|                                                                                                        |   |                                                                                                  |   |   |           |   |             |   |   |
|                                                                                                        |   | 1.      Tranche A-1 Principal Payment                                                                 |   |   | 39,041,412.00  |   | 156.17           |   |   |
|                                                                                                        |   | 2.      Tranche A-2 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   | 3.      Tranche A-3 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   | 4.      Tranche A-4 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |
|                                                                                                        |   | 5.      Tranche A-5 Principal Payment                                                                 |   |   | 0.00           |   | 0.00             |   |   |

----

|                                                                                                                                                                                                                      | vii.   | Amounts      Payable to Credit Enhancement Providers (if applicable)                                                            |   |   | N/A              |   |   |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------------|--------|--------|--------|--------|
|                                                                                                                                                                                                                      | viii.  | Operating      Expenses not Paid under Clause (iv) above                                                                        |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      | ix.    | Funding      of Capital Subaccount                                                                                              |   |   | 146,068.49       |   |   |   |   |
|                                                                                                                                                                                                                      | x.     | Net      Earnings in Capital Subaccount Released to Issuer                                                                      |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      | xi.    | Deposit      to Excess Funds Subaccount                                                                                         |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      | xii.   | Released      to Issuer upon Series Retirement: Collection Account                                                              |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      | xiii.  | Aggregate      Remittances as of Current Payment Date                                                                           |   |   | 83,142,115.64    |   |   |   |   |
|                                                                                                                                                                                                                      |   |                                                                                                                            |   |   |             |   |   |   |   |
|                                                                                                                                                                                                                      |   |                                                                                                                            |   |   |             |   |   |   |   |
|                                                                                                                                                                                                                      |   | (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 ($10,555.00), printer ($5,690.00), |
|                  independent public      accountant ($5,141.00), rating agencies ($10,000.00) and L/C issuing bank      ($10,007.67) |   |
| 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.ix.)                                                                 |   |   | 954,761.88       |   |   |   |   |
|                                                                                                                                                                                                                      | ii.    | Capital      Subaccount (available for 4.i. through 4.viii.)                                                                    |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      | iii.   | Total      Withdrawals                                                                                                          |   |   | 954,761.88       |   |   |   |   |
|                                                                                                                                                                                                                      |   |                                                                                                                            |   |   |             |   |   |   |   |
| 6.      Outstanding Amounts and Collection Account Balance as of Current Payment      Date                                                                                                                                |   |                                                                                                                            |   |   |             |   |   |
| (after      giving effect to payments to be made on such PaymentDate):                                                                                                                                                    |   |                                                                                                                            |   |   |             |   |   |
|                                                                                                                                                                                                                      |   |                                                                                                                            |   |   |             |   |   |   |   |
|                                                                                                                                                                                                                      |   | Series A                                                                                                                        |   |   |             |   |   |   |   |
|                                                                                                                                                                                                                      | i.     | Tranche      A-1 Principal Balance                                                                                              |   |   | 50,875,178.00    |   |   |   |   |
|                                                                                                                                                                                                                      | ii.    | Tranche      A-2 Principal Balance                                                                                              |   |   | 368,000,000.00   |   |   |   |   |
|                                                                                                                                                                                                                      | iii.   | Tranche      A-3 Principal Balance                                                                                              |   |   | 252,000,000.00   |   |   |   |   |
|                                                                                                                                                                                                                      | iv.    | Tranche      A-4 Principal Balance                                                                                              |   |   | 519,000,000.00   |   |   |   |   |
|                                                                                                                                                                                                                      | v.     | Tranche      A-5 Principal Balance                                                                                              |   |   | 462,000,000.00   |   |   |   |   |
|                                                                                                                                                                                                                      | vi.    | Aggregate      Principal Balance for all Series A Transition Bonds                                                              |   |   | 1,651,875,178.00 |   |   |   |   |
|                                                                                                                                                                                                                      |   |                                                                                                                            |   |   |             |   |   |   |   |
|                                                                                                                                                                                                                      | vii.   | Excess      Funds Subaccount Balance                                                                                            |   |   | 11,185,726.45    |   |   |   |   |
|                                                                                                                                                                                                                      | viii.  | Capital      Subaccount Balance                                                                                                 |   |   | 9,401,068.49     |   |   |   |   |
|                                                                                                                                                                                                                      | ix.    | Aggregate      Collection Account Balance                                                                                       |   |   | 20,586,794.94    |   |   |   |   |
|                                                                                                                                                                                                                      |   |                                                                                                                            |   |   |             |   |   |   |   |
| 7.      Shortfalls In Interest and Principal Payments as of Current Payment      Date                                                                                                                                     |   |                                                                                                                            |   |   |             |   |   |
| (after      giving effect to payments to be made on such PaymentDate):                                                                                                                                                    |   |                                                                                                                            |   |   |             |   |   |
|                                                                                                                                                                                                                      | i.     | Semiannual      Interest                                                                                                        |   |   |             |   |   |   |   |
|                                                                                                                                                                                                                      |   | Series A                                                                                                                        |   |   |             |   |   |   |   |
|                                                                                                                                                                                                                      |   | 1.      Tranche A-1 Bond Interest Payment                                                                                       |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      |   | 2.      Tranche A-2 Bond Interest Payment                                                                                       |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      |   | 3.      Tranche A-3 Bond Interest Payment                                                                                       |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      |   | 4.      Tranche A-4 Bond Interest Payment                                                                                       |   |   | 0.00             |   |   |   |   |
|                                                                                                                                                                                                                      |   | 5.      Tranche A-5 Bond Interest Payment                                                                                       |   |   | 0.00             |   |   |   |   |

----

|   | ii.    | Semiannual      Principal             |   |   |   |   |   |   |   |
|--------|--------|---------------------------------------|--------|--------|--------|--------|--------|--------|--------|
|   |   | Series A                              |   |   |   |   |   |   |   |
|   |   | 1.      Tranche A-1 Principal Payment |   |   | 0.00   |   |   |   |   |
|   |   | 2.      Tranche A-2 Principal Payment |   |   | 0.00   |   |   |   |   |
|   |   | 3.      Tranche A-3 Principal Payment |   |   | 0.00   |   |   |   |   |
|   |   | 4.      Tranche A-4 Principal Payment |   |   | 0.00   |   |   |   |   |
|   |   | 5.      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 PaymentDate):                                              |                                                                              |                     |   |   |   |   |   |
|                                                                                                                | i.                                                                                | Capital      Subaccount  |   |   | 0.00   |   |   |   |   |
|                                                                                                                |                                                                              |                     |   |   |   |   |   |   |   |
|                                                                                                                |                                                                              |                     |   |   |   |   |   |   |   |
|                                                                                                                |                                                                              |                     |   |   |   |   |   |   |   |
|                                                                                                                | IN      WITNESS HEREOF, the undersigned has duly executed and delivered      this |
|         Semiannual      Servicer's Certificate this 30th day of July, 2008. |
|                                                                                                                |                                                                              |                     |   |   |   |   |   |   |   |
|                                                                                                                | CENTERPOINT      ENERGY HOUSTON ELECTRIC, LLC, as Servicer                        |                     |   |   |   |   |   |   |
|                                                                                                                |                                                                              |                     |   |   |   |   |   |   |   |
|                                                                                                                | by:                                                                               | /s/      Linda Geiger    |   |   |   |   |   |   |   |
|                                                                                                                |                                                                              | Linda      Geiger        |   |   |   |   |   |   |   |
|                                                                                                                |                                                                              | Assistant      Treasurer |   |   |   |   |   |   |   |