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.

Houston Public Media

Months after wrapping up a multi-million dollar initiative to harden Houston's energy infrastructure after Hurricane Beryl left the city in the dark, CenterPoint Energy is now seeking to invest nearly $6 billion in the grid.

https://www.houstonpublicmedia.org/articles/news/energy-environment/2025/02/05/513073/ratepayer-whiplash-centerpoint-now-seeks-6-billion-for-energy-resiliency-in-houston/

#EnergyEnvironment #News #Centerpoint #CenterPointEnergy #Ratepayers #ResiliencyInitative

Ratepayer ‘whiplash’ — CenterPoint now seeks $6 billion for energy resiliency in Houston

The plan comes months after the company wrapped up similar projects aimed at improving the city's energy resilience, and just days after the company said that Houston-area customers will see lower rates on monthly bills after settling its 2024 rate case after months of negotiations.

Houston Public Media