Utility company CenterPoint Energy has reached a settlement agreement with several Houston-area municipalities to spend $3.2 billion over the next several years as part of its systemwide resiliency plan.
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CenterPoint Energy reaches $3.2 billion resiliency plan settlement with Houston-area cities
The agreement, which is pending approval by the Public Utility Commission of Texas, would reduce CenterPoint's resiliency expenses over the next few years, resulting in fewer costs passed along to customers in the region.