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,...

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,...

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Exhibit 99.1

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: July 30, 2010 through January 28, 2011
Payment Date: February 1, 2011
Today’s Date: January 28, 2011

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


i.	Remittances for the July 30 through 31, 2010 Collection Period	717,977.98
ii.	Remittances for the August 1 through 31, 2010 Collection Period	20,326,735.22
iii.	Remittances for the September 1 through 30, 2010 Collection Period	21,058,394.92
iv.	Remittances for the October 1 through 31, 2010 Collection Period	19,986,446.72
v.	Remittances for the November 1 through 30, 2010 Collection Period	17,044,003.42
vi.	Remittances for the December 1 through 31, 2010 Collection Period	15,809,663.10
vii.	Remittances for the January 1 through 28, 2011 Collection Period	13,216,953.00
viii.	Net Earnings on Collection Account		[through 12/31/10]
	General Subaccount	40,748.29
	Capital Subaccount	6,958.45
	Excess Funds Subaccount	1,669.03

ix.	General Subaccount Balance (sum of i through viii above)	108,209,550.13

x.	Excess Funds Subaccount Balance as of Prior Payment Date	2,665,636.27
xi.	Capital Subaccount Balance as of Prior Payment Date	9,255,000.00

xii.	Collection Account Balance (sum of ix through xi above)	120,130,186.40

2. Outstanding Amounts as of Prior Payment Date:


i.	Tranche A-1 Principal Balance	0.00
ii.	Tranche A-2 Principal Balance	207,053,841.00
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	1,440,053,841.00

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


		Projected
		Principal		Semiannual
	Series A Principal	Balance		Principal Due
i.	Tranche A-1		0.00		0.00
ii.	Tranche A-2		139,554,687.00		67,499,154.00
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		1,372,554,687.00		67,499,154.00


		Transition			Days in
		Bond			Interest
		Interest Rate			Period (1)		Interest Due
vii.	Required Tranche A-1 Interest		4.840	%		180		0.00
viii.	Required Tranche A-2 Interest		4.970	%		180		5,145,287.95
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.


				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	0.00
ii.	Servicing Fee	462,750.00	(1)
iii.	Administration Fee and Independent Managers Fee	52,500.00	(2)
iv.	Operating Expenses	54,857.05	(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		0.00		0.00
2. Tranche A-2 Interest Payment		5,145,287.95		13.98
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		0.00		0.00
	2. Tranche A-2 Principal Payment		67,499,154.00		183.42
	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		0.00
x.	Net Earnings in Capital Subaccount Released to Issuer		6,958.45
xi.	Deposit to Excess Funds Subaccount		2,910,872.68
xii.	Released to Issuer upon Series Retirement: Collection Account		0.00

xiii.	Aggregate Remittances as of Current Payment Date		108,209,550.13


(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; Independent Managers fee: $2,500.00

(3)		Reimbursement to Administrator for fees/expenses paid to outside legal counsel ($2,801.00), independent public accountant ($24,000.00), printer ($410.85) and L/C issuing bank ($10,145.20)

5. Subaccount Withdrawals as of Current Payment Date

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

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 A
i.	Tranche A-1 Principal Balance	0.00
ii.	Tranche A-2 Principal Balance	139,554,687.00
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	1,372,554,687.00


vii.	Excess Funds Subaccount Balance	5,576,508.95
viii.	Capital Subaccount Balance	9,255,000.00

ix.	Aggregate Collection Account Balance	14,831,508.95

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 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 Payment Date):


i.				Capital Subaccount			0.00

IN WITNESS HEREOF, the undersigned has duly executed and delivered this Semiannual Servicer’s Certificate this 28th day of January, 2011.

CENTERPOINT ENERGY HOUSTON
ELECTRIC, LLC, as Servicer



by:	/s/ Xxxxx Xxxxxx
	Xxxxx Xxxxxx
	Assistant Treasurer

Excess Funds Subaccount (available for 4.i. through 4.ix.)

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

Total Withdrawals