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,...

Exhibit 10.5

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: August 1, 2007 through January 30, 2008

Payment Date: February 1, 2008

Today’s Date: January 30, 2008

1. Collections Allocable and Aggregate Amounts Available for Current Payment Date:
		i.		Remittances for the August 1 through 31, 2007 Collection Period			19,957,964.17
		ii.		Remittances for the September 1 through 30, 2007 Collection Period			17,330,677.57
		iii.		Remittances for the October 1 through 31, 2007 Collection Period			20,727,687.03
		iv.		Remittances for the November 1 through 30, 2007 Collection Period			17,226,512.13
		v.		Remittances for the December 1 through 31, 2007 Collection Period			13,999,272.05
		vi.		Remittances for the January 1 through 30, 2008 Collection Period			14,167,756.52
		vii.		Net Earnings on Collection Account			1,750,693.57			[7/1/07 through 12/31/07]
		viii.		General Subaccount Balance (sum of i through vii above)			105,160,563.04
		ix.		Excess Funds Subaccount Balance as of Prior Payment Date			7,138,863.37
		x.		Capital Subaccount Balance as of Prior Payment Date			9,255,000.00
		xi.		Collection Account Balance (sum of viii through x above)			121,554,426.41
2. Outstanding Amounts as of Prior Payment Date:
		i.		Tranche A-1 Principal Balance			144,571,638.00
		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			1,745,571,638.00
3. Required Funding/Payments as of Current Payment Date:
						Projected
						Principal				Semiannual
				Series A Principal		Balance				Principal Due
		i.		Tranche A-1			89,916,590.00				54,655,048.00
		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			1,690,916,590.00				54,655,048.00
						Transition				Days in
						Bond				Interest
						Interest Rate				Period  (1)				Interest Due
		vii.		Required Tranche A-1 Interest			4.840	%			180				3,498,633.64
		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.

										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			25,908.33	(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			3,498,633.64				13.99
				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
										Per $1,000
		vi.		Principal Due and Payable as a result of (A) Event of Default or (B) on Final Maturity Date							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			54,655,048.00				218.62
				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 (to required level)			0.00
		x.		Net Earnings in Capital Subaccount Released to Issuer			242,128.11
		xi.		Deposit to Excess Funds Subaccount			5,001,624.96
		xii.		Released to Issuer upon Series Retirement: Collection Account			0.00
		xiii.		Aggregate Remittances as of Current Payment Date			105,160,563.04

(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 ($6,000.00), printer ($2,208.00), rating agencies ($7,500.00) and L/C issuing bank ($10,200.33)

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.)			0.00
		ii.		Capital Subaccount (available for 4.i. through 4.viii.)			0.00
		iii.		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 A
		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 for all Series A Transition Bonds			1,690,916,590.00
		vii.		Excess Funds Subaccount Balance			12,140,488.33
		viii.		Capital Subaccount Balance			9,255,000.00
		ix.		Aggregate Collection Account Balance			21,395,488.33
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 30th day of January, 2008.

	CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC, as Servicer
	by:	/s/ Xxxxx Xxxxxx
		Xxxxx Xxxxxx
		Assistant Treasurer