CenterPoint Energy Awaits Regulatory Approval for Landmark Systemwide Resiliency Plan to Strengthen Houston's Electric Grid Against Extreme Weather

Reuters

2025/06/14

CenterPoint Energy Awaits Regulatory Approval for Landmark Systemwide Resiliency Plan to Strengthen Houston's Electric Grid Against Extreme Weather

CenterPoint Energy Inc. has announced a significant development in its efforts to bolster the resilience of Houston's electric grid. The company has reached a settlement agreement regarding its 2026-2028 Systemwide Resiliency Plan $(SRP.UK)$, which marks the largest single grid resiliency investment in CenterPoint's history. Pending review and approval by the Public Utility Commission of Texas (PUCT), this plan aims to reduce storm-related outages by nearly 1 billion minutes for its 2.8 million customers by 2029. The plan involves an investment of over $3 billion in CenterPoint's electric distribution system, with deferred costs to minimize the impact on customer bills. This initiative builds on the progress made during the Greater Houston Resiliency Initiative, focusing on a wide range of extreme weather threats. The SRP is a crucial step towards ensuring a more reliable and resilient energy infrastructure for the Greater Houston area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CenterPoint Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA10469) on June 14, 2025, and is solely responsible for the information contained therein.

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The company has reached a settlement agreement regarding its 2026-2028 Systemwide Resiliency Plan <a href=\"https://laohu8.com/S/SRP.UK\">$(SRP.UK)$</a>, which marks the largest single grid resiliency investment in CenterPoint's history. Pending review and approval by the Public Utility Commission of Texas (PUCT), this plan aims to reduce storm-related outages by nearly 1 billion minutes for its 2.8 million customers by 2029. The plan involves an investment of over $3 billion in CenterPoint's electric distribution system, with deferred costs to minimize the impact on customer bills. This initiative builds on the progress made during the Greater Houston Resiliency Initiative, focusing on a wide range of extreme weather threats. 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The company has reached a settlement agreement regarding its 2026-2028 Systemwide Resiliency Plan $(SRP.UK)$, which marks the largest single grid resiliency investment in CenterPoint's history. Pending review and approval by the Public Utility Commission of Texas (PUCT), this plan aims to reduce storm-related outages by nearly 1 billion minutes for its 2.8 million customers by 2029. The plan involves an investment of over $3 billion in CenterPoint's electric distribution system, with deferred costs to minimize the impact on customer bills. This initiative builds on the progress made during the Greater Houston Resiliency Initiative, focusing on a wide range of extreme weather threats. The SRP is a crucial step towards ensuring a more reliable and resilient energy infrastructure for the Greater Houston area.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CenterPoint Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA10469) on June 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}