HOUSTON, June 16, 2025 /PRNewswire/ -- This weekend, as part of an effort to help the State of Texas meet its current and future energy needs, CenterPoint Energy announced that the first five of 15 large temporary emergency generation units began leaving the Greater Houston area to be deployed to the San Antonio region. To help with staging and installation in San Antonio, the units are departing Greater Houston in a series of three waves over the next two months.
Historic series of Greater Houston Resiliency Initiative key improvements completed ahead of schedule to strengthen the grid and reduce the impact of outages from major storms
Joint emergency response exercise completed; community safety and preparedness events continue with emergency officials and local partners
CenterPoint continues proactive outreach and communication efforts across Greater Houston service area to help customers prepare for upcoming storm season
HOUSTON, June 3, 2025 /PRNewswire/ -- With the 2025 Atlantic hurricane season officially underway, CenterPoint Energy is reinforcing the resiliency and preparedness efforts the company already completed to strengthen grid resiliency, improve local emergency coordination and help communities and customers better prepare for potential severe weather.
HOUSTON, May 27, 2025 /PRNewswire/ -- After the strongest storm of the spring season, CenterPoint Energy has restored power to approximately 152,000 customers (or 90%) who experienced an outage overnight due to severe weather, significant lightning and strong winds. The vast majority of CenterPoint's customers did not experience power interruptions despite wind gusts of 60-70 miles per hour in some areas.
Over last 10 months, during Phase One and Two, CenterPoint has installed more than 26,000 stronger, more storm-resilient poles; undergrounded 400 miles of power lines; added 5,150 automation devices; cleared more than 6,000 miles of higher-risk vegetation; and installed 100 weather monitoring stations around the Greater Houston area
Actions will improve reliability for customers and reduce outages by more than 125 million minutes annually
Company to announce the remainder of GHRI 2025 targets in early June
Pre-hurricane season simulation includes state and local officials, emergency management offices, third-party evaluators and industry-leading technology providers
Series of emergency preparedness activities and key resiliency improvements designed to strengthen local response and reduce impact of outages from major storms
HOUSTON, May 22, 2025 /PRNewswire/ -- Today, as part of its ongoing efforts to prepare for the 2025 hurricane season, CenterPoint Energy is executing a major hurricane response exercise at its Emergency Operations Center alongside third-party evaluators with state and local public officials and community partners observing. The emergency exercise is designed to test and improve CenterPoint's emergency preparations and response plans in an extreme weather scenario, as well as strengthen local cooperation and coordination with key response partners from across the Greater Houston area. The full-scale exercise is part of a series of trainings and exercises CenterPoint has conducted to help plan, prepare and be ready for the 2025 hurricane season.
Over the last eight months, CenterPoint has installed 21,975 stronger, more storm-resilient poles; undergrounded 401 miles of power lines; added 4,472 automation devices; cleared 3,741 miles of high-risk vegetation; and installed 84 weather monitoring stations around the Greater Houston area
100% of strategic undergrounding goal completed ahead of schedule
Company on pace to complete historic suite of Greater Houston Resiliency Initiative actions by June 1, which will improve reliability for customers and reduce outages by more than 125 million minutes annually
Underground power lines installed ahead of schedule, with all Greater Houston Resiliency Initiative (GHRI) Phase Two resiliency actions on track to be completed by June 1
Historic suite of GHRI actions will improve system resiliency and reliability, resulting in the reduction of more than 125 million outage minutes annually
HOUSTON, May 6, 2025 /PRNewswire/ -- As part of its commitment to build the most resilient coastal grid in the country, CenterPoint Energy announced that it has installed 400 miles of underground power lines over the past eight months, completing 100% of its strategic undergrounding goal before the start of the 2025 hurricane season. The critical undergrounding work will help strengthen the system against extreme weather and improve overall resiliency by reducing potential outages caused by high winds, falling vegetation, vehicle collisions and other hazards. The work, which is part of the Greater Houston Resiliency Initiative (GHRI), was completed ahead of schedule and will help CenterPoint achieve its broader goal of achieving more than 50% of the electric system being ungrounded to further improve resiliency.
Historic series of grid improvements and generator donations continue across the Greater Houston area to strengthen resiliency and reduce risk of outages during storms
Joint emergency response exercise and community safety and preparedness events being held with emergency officials and local partners
CenterPoint conducting outreach efforts across Greater Houston service area to help customers prepare for upcoming storm season
HOUSTON, May 5, 2025 /PRNewswire/ -- As part of the official launch of National Hurricane Preparedness Week, CenterPoint Energy reminds customers and the public about the series of actions the company has taken to strengthen grid resiliency, improve local emergency coordination and help communities and customers better prepare for the 2025 hurricane season. CenterPoint will be holding a joint emergency response exercise later in the month as part of a coordinated effort with public officials, emergency response managers and community partners to improve local cooperation and response efforts. In addition, the company is continuing to work with communities to donate and install 21 backup generators for critical facilities and other key locations across its 12-county service area. CenterPoint is also hosting a series of community and customer outreach events across the Greater Houston area to share important safety information and preparation updates before the official start of hurricane season on June 1.
Installation of first phase of 100 weather stations will enhance and improve storm mobilization, preparation and response to major weather events
HOUSTON, April 28, 2025 /PRNewswire/ -- Today, CenterPoint Energy (NYSE: CNP) announced that, as part of the Greater Houston Resiliency Initiative (GHRI) and its actions to prepare for the 2025 hurricane season, the company has begun installing the first wave of weather monitoring stations to enhance situational awareness during severe weather events. The implementation of this groundbreaking weather network is a historic moment for Texas, as CenterPoint is the only Texas-based investor-owned utility in the state and the first to establish its own weather station network.
HOUSTON, April 16, 2025 /PRNewswire/ -- As part of its on-going refreshment process of its Board of Directors, CenterPoint Energy (NYSE: CNP) today announced that its shareholders elected two new members to its Board. Manuel ("Manny") Miranda, a 40-year veteran of NextEra and Florida Power & Light and Laurie Fitch, senior advisor at PJT Partners, a global, advisory-focused investment bank, join CenterPoint's Board effective April 16, 2025.
HOUSTON, April 16, 2025 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding shares of Common Stock payable on June 12, 2025, to shareholders of record at the close of business on May 15, 2025.
About CenterPoint Energy, Inc. CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of December 31, 2024, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.
In just seven months, CenterPoint has completed 350 miles of targeted undergrounding; installed 17,500+ stronger, more storm-resilient poles; cleared 2,900+ miles of higher-risk vegetation; and placed 3,380+ automated reliability devices to improve grid resiliency
Historic suite of Greater Houston Resiliency Initiative actions will improve customer reliability by reducing outages by more than 125 million minutes annually
HOUSTON, April 9, 2025 /PRNewswire/ -- Today, CenterPoint Energy released its latest progress update on the second phase of the Greater Houston Resiliency Initiative (GHRI), announcing that approximately 70 percent of this historic resiliency work is now complete and that all GHRI-related actions are expected to be complete before the official start of the 2025 hurricane season.
CenterPoint proposal to remove emergency temporary generation costs would lower monthly bills immediately and by as much as $2 per month by 2027
15 generation units would be sent to San Antonio area by Summer 2025 to help meet Texas' current and future energy needs
HOUSTON, April 3, 2025 /PRNewswire/ -- Today, as part of its continuing commitment to better serve customers across the Greater Houston area, CenterPoint testified before the Texas Senate Committee on Business and Commerce on its proposal to remove the cost of large emergency generation units from electric customers' monthly bills and save average residential customers as much as $2 per month by 2027. CenterPoint's proposal would reduce customer bills by sending 15 large emergency generation units to the San Antonio area for up to two years to immediately support the State of Texas' energy needs for generation. Overall, CenterPoint's proposal is part of a broader plan to make its electric customers whole for the portion of the units customers have paid through their monthly electric bills.
Osmose and Neara are teaming up to enable utilities like CenterPoint Energy to evaluate asset risk with greater precision and improve underlying network data quality and utilization.
ATLANTA, March 20, 2025 /PRNewswire/ -- Osmose, the leading provider of utility infrastructure asset assessment, restoration, and life extension solutions, and Neara, an AI-powered predictive modeling platform for utility networks, have announced a strategic partnership to help utilities better assess risk, improve data accuracy, and strengthen power grids. This collaboration will enable utilities like CenterPoint Energy to prioritize asset upgrades with greater precision and efficiency.
Approximately 99% of customers experienced no outages during fire weather conditions
HOUSTON, March 15, 2025 /PRNewswire/ -- CenterPoint Energy is returning to normal operations as the National Weather Service's Red Flag Warning and risks of fire weather and strong wind end for the Greater Houston area. The company's system performed well, with less than one percent of customers experiencing an outage throughout today's high wind gusts.
Red Flag Warning in effect for large portions of Texas and the Greater Houston area from noon to 9 p.m. on Saturday; high wind gusts, low humidity and fire risk anticipated
CenterPoint has taken a series of actions to prepare equipment and approximately 1,000 workers ready to respond today
Company continues to communicate with customers about the potential for temporary outages in some areas due to wildfire conditions
HOUSTON, March 15, 2025 /PRNewswire/ -- CenterPoint Energy is taking a series of precautionary actions to help protect customers and communities and address elevated wildfire risk in parts of the Greater Houston area, as the National Weather Service has issued a Red Flag Warning from noon until 9 p.m. today. CenterPoint has actively prepared for potentially dangerous weather conditions, including high wind gusts, dry fuels and low humidity, by conducting pre-inspections of electric and natural gas equipment, adjusting power line safety settings in higher-risk areas, communicating with customers and working closely with local emergency agencies. Today, CenterPoint has approximately 1,000 line and vegetation workers prepared to respond to the evolving weather conditions.
National Weather Service has issued a "Fire Weather Watch" for large portions of Texas with the risk of strong winds and fire danger in the Greater Houston area from noon to 9 p.m. on Saturday
CenterPoint working closely with local emergency partners and will communicate with customers about the risk of potential outages due to wildfire conditions
HOUSTON, March 14, 2025 /PRNewswire/ -- CenterPoint Energy continues to closely monitor evolving weather conditions and is taking precautionary measures to mitigate wildfire risk as the National Weather Service issued a Fire Weather Watch for large portions of Texas including in the Greater Houston area on Saturday from noon to 9 p.m. Due to the potentially dangerous weather conditions, including high wind gusts, dry fuels and low humidity, CenterPoint is actively preparing its response, including conducting pre-inspections, adjusting power line safety settings, communicating with customers, and working closely with local emergency agencies. As part of its customer outreach, CenterPoint will be notifying customers via its Power Alert Service in the Cypress, Fort Bend and Katy areas of the possibility that extreme weather and wind conditions could result in some temporary safety outages during part of the day on Saturday.
More than 14,200 stronger, storm-resilient poles installed; 2,200+ miles of high-risk vegetation cleared; 2,170+ automated reliability devices installed; and 280+ miles of power lines undergrounded
When completed by June 1, GHRI Phase Two actions will improve reliability and reduce outages by more than 125 million minutes annually
HOUSTON, March 7, 2025 /PRNewswire/ -- Today, as part of Phase Two of the Greater Houston Resiliency Initiative (GHRI), CenterPoint Energy shared its latest monthly progress update, which showed the company is on track to strengthen the resiliency of the grid in key areas ahead of the 2025 hurricane season. To date, CenterPoint announced that it has completed more than 50 percent of several of its planned near-term critical resiliency actions and grid improvements since Fall 2024. Those actions include: installing stronger poles, adding more automation devices, undergrounding power lines, and trimming hazardous vegetation. This pace reflects the company's plan to complete these resiliency actions before the start of hurricane season on June 1, 2025.
CenterPoint's 15 large emergency generation units will help ERCOT meet current and future energy needs for the San Antonio region for up to two years starting in Summer 2025
Greater Houston-area customers will see bill relief related to this transaction of approximately $2 less per month by 2027
Subject to final approvals, CenterPoint will make no revenue or profit off the proposal to help ERCOT and the State of Texas
HOUSTON, Feb. 25, 2025 /PRNewswire/ -- As part of a commitment to help meet the State of Texas' immediate energy needs, CenterPoint Energy welcomed today's approval by the Electric Reliability Council of Texas (ERCOT) Board to move ahead with finalizing CenterPoint's proposal to utilize 15 large emergency generation units to help address the state's generation shortfall concerns. Under its proposal, CenterPoint will make no revenue or profit from these 15 units while helping ERCOT and the State of Texas. CenterPoint's 2.8 million Greater Houston-area electric customers will also benefit from the arraignment by seeing lower monthly bills related to this transaction by 2027.
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