CenterPoint Energy and Vectren merger receives final order from the Indiana Utility Regulatory Commission
Pending merger on target to close in the first quarter of 2019
2019-01-16T06:00:00Z

​Houston and Evansville, Ind. - Jan. 16, 2019 - CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced that they have received a final order from the Indiana Utility Regulatory Commission (IURC). The order concludes the IURC's proceeding on the pending merger. Subject to the satisfaction or waiver of the remaining order with the Public Utilities Commission of Ohio (PUCO), the merger is expected to close in the first quarter of 2019.

"We appreciate the Indiana Utility Regulatory Commission's thorough review of our pending merger," said CenterPoint Energy President and Chief Executive Officer Scott M. Prochazka. "The final order marks a key milestone in creating a combined company that will be well positioned to meet our customers' energy delivery needs through a combination of traditional and innovative solutions."

Under a merger agreement announced in April 2018, the combined company, which will be named CenterPoint Energy and headquartered in Houston, is expected to have regulated electric and natural gas utility businesses in eight states that serve more than 7 million metered customers and a competitive energy businesses footprint in nearly 40 states. The combined company will also have approximately 14,000 employees with assets totaling approximately $29 billion and an enterprise value of $27 billion.

The IURC's final order satisfies one of the two remaining conditions for the closing of the transaction. The pending merger has already received Vectren shareholder approval and approvals from the Federal Energy Regulatory Commission and Federal Communications Commission. It has also cleared the Hart-Scott-Rodino waiting period. The remaining condition is the issuance of an order by the PUCO in response to the companies' joint informational filing with respect to the merger. 

About CenterPoint Energy

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. The company also owns 54.0 percent of the common units representing limited partner interests in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp. Enable Midstream Partners owns, operates and develops natural gas and crude oil infrastructure assets. With more than 8,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, go to www.CenterPointEnergy.com.

 

About Vectren Corporation

Vectren Corporation is an energy holding company headquartered in Evansville, Ind. Vectren's energy delivery subsidiaries provide gas and/or electricity to more than 1 million customers in

adjoining service territories that cover nearly two-thirds of Indiana and about 20 percent of Ohio,

primarily in the west central area. Vectren's nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the U.S. These include infrastructure services and energy services. To learn more about Vectren, visit www.vectren.com.

Forward-Looking Statement

The statements in this press release contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this press release are forward-looking statements made in good faith by us and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995.  When used in this press release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements.  Forward-looking statements include, but are not limited to, statements relating to: (1) CenterPoint Energy's proposed acquisition of Vectren, (2) regulatory approval, (3) the completion of the proposed transactions, (4) benefits of the proposed transactions, (5) the expected timing of completion of the transactions and (6) anticipated future financial information.  

Risks Related to the Merger

Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to:

(1) the occurrence of any event, change or other circumstances that could give rise to the termination of the proposed transactions or could otherwise cause the failure of the proposed transactions to close, (2) the risk that a condition to the closing of the proposed transactions or the committed financing may not be satisfied, (3) the outcome of any legal proceedings, regulatory proceedings or enforcement matters that may be instituted relating to the proposed transactions, (4) the receipt of an unsolicited offer from another party to acquire assets or capital stock of Vectren that could interfere with the proposed transactions, (5) the timing to consummate the proposed transactions, (6) the costs incurred to consummate the proposed transactions, (7) the possibility that the expected cost savings, synergies or other value creation from the proposed transactions will not be realized, or will not be realized within the expected time period, (8) the risk that the companies may not realize fair values from properties that may be required to be sold in connection with the merger, (9) the credit ratings of the companies following the proposed transactions, (10) disruption from the proposed transactions making it more difficult to maintain relationships with customers, employees, regulators or suppliers and (11) the diversion of management time and attention on the proposed transactions.

Risks Related to CenterPoint Energy

Important factors related to CenterPoint Energy, its affiliates, and its and their operations that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the performance of Enable Midstream Partners, LP (Enable), the amount of cash distributions CenterPoint Energy receives from Enable, Enable's ability to redeem the Series A Preferred Units in certain circumstances and the value of CenterPoint Energy's interest in Enable, and factors that may have a material impact on such performance, cash distributions and value, including factors such as: (A) competitive conditions in the midstream industry, and actions taken by Enable's customers and competitors, including the extent and timing of the entry of additional competition in the markets served by Enable; (B) the timing and extent of changes in the supply of natural gas and associated commodity prices, particularly prices of natural gas and natural gas liquids (NGLs), the competitive effects of the available pipeline capacity in the regions served by Enable, and the effects of geographic and seasonal commodity price differentials, including the effects of these circumstances on re-contracting available capacity on Enable's interstate pipelines; (C) the demand for crude oil, natural gas, NGLs and transportation and storage services; (D) environmental and other governmental regulations, including the availability of drilling permits and the regulation of hydraulic fracturing; (E) recording of non-cash goodwill, long-lived asset or other than temporary impairment charges by or related to Enable; (F) changes in tax status; (G) access to debt and equity capital; and (H) the availability and prices of raw materials and services for current and future construction projects; (2) industrial, commercial and residential growth in CenterPoint Energy's service territories and changes in market demand, including the effects of energy efficiency measures and demographic patterns; (3) timely and appropriate rate actions that allow recovery of costs and a reasonable return on investment; (4) future economic conditions in regional and national markets and their effect on sales, prices and costs; (5) weather variations and other natural phenomena, including the impact of severe weather events on operations and capital; (6) state and federal legislative and regulatory actions or developments affecting various aspects of CenterPoint Energy's and Enable's businesses, including, among others, energy deregulation or re-regulation, pipeline integrity and safety and changes in regulation and legislation pertaining to trade, health care, finance and actions regarding the rates charged by our regulated businesses; (7) tax reform and legislation, including the effects of the comprehensive tax reform legislation informally referred to as the TCJA and uncertainties involving state commissions' and local municipalities' regulatory requirements and determinations regarding the treatment of excess deferred taxes and CenterPoint Energy's rates; (8) CenterPoint Energy's ability to mitigate weather impacts through normalization or rate mechanisms, and the effectiveness of such mechanisms; (9) the timing and extent of changes in commodity prices, particularly natural gas, and the effects of geographic and seasonal commodity price differentials; (10) problems with regulatory approval, construction, implementation of necessary technology or other issues with respect to major capital projects that result in delays or in cost overruns that cannot be recouped in rates; (11) local, state and federal legislative and regulatory actions or developments relating to the environment, including those related to global climate change; (12) the impact of unplanned facility outages; (13) any direct or indirect effects on CenterPoint Energy's facilities, operations and financial condition resulting from terrorism, cyber-attacks, data security breaches or other attempts to disrupt CenterPoint Energy's businesses or the businesses of third parties, or other catastrophic events such as fires, earthquakes, explosions, leaks, floods, droughts, hurricanes, pandemic health events or other occurrences; (14) CenterPoint Energy's ability to invest planned capital and the timely recovery of CenterPoint Energy's investment in capital; (15) CenterPoint Energy's ability to control operation and maintenance costs; (16) actions by credit rating agencies; (17) the sufficiency of CenterPoint Energy's insurance coverage, including availability, cost, coverage and terms; (18) the investment performance of CenterPoint Energy's pension and postretirement benefit plans; (19) commercial bank and financial market conditions, CenterPoint Energy's access to capital, the cost of such capital, and the results of CenterPoint Energy's financing and refinancing efforts, including availability of funds in the debt capital markets; (20) changes in interest rates and their impact on CenterPoint Energy's costs of borrowing and the valuation of its pension benefit obligation; (21) changes in rates of inflation; (22) inability of various counterparties to meet their obligations to CenterPoint Energy; (23) non-payment for CenterPoint Energy's services due to financial distress of its customers; (24) the extent and effectiveness of CenterPoint Energy's risk management and hedging activities, including, but not limited to, its financial and weather hedges; (25) timely and appropriate regulatory actions allowing securitization for any future hurricanes or natural disasters or other recovery of costs, including costs associated with Hurricane Harvey; (26) CenterPoint Energy's or Enable's potential business strategies and strategic initiatives, including restructurings, joint ventures and acquisitions or dispositions of assets or businesses (including a reduction of CenterPoint Energy's interests in Enable, whether through its decision to sell all or a portion of the Enable common units it owns in the public equity markets or otherwise, subject to certain limitations), which CenterPoint Energy cannot assure will be completed or will have the anticipated benefits to it or Enable; (27) acquisition and merger activities involving CenterPoint Energy or its competitors; (28) CenterPoint Energy's or Enable's ability to recruit, effectively transition and retain management and key employees and maintain good labor relations; (29) the ability of GenOn Energy, Inc. (formerly known as RRI Energy, Inc., Reliant Energy and RRI), a wholly-owned subsidiary of NRG Energy, Inc. (NRG), and its subsidiaries, which completed its reorganization and emerged from Chapter 11 in December 2018, to satisfy their obligations to CenterPoint Energy, including indemnity obligations; (30) the outcome of litigation; (31) the ability of retail electric providers (REPs), including REP affiliates of NRG and Vistra Energy Corp., formerly known as TCEH Corp., to satisfy their obligations to CenterPoint Energy and its subsidiaries; (32) changes in technology, particularly with respect to efficient battery storage or the emergence or growth of new, developing or alternative sources of generation; (33) the timing and outcome of any audits, disputes and other proceedings related to taxes; (34) the effective tax rates; and (35) the effect of changes in and application of accounting standards and pronouncements.

Risks Related to Vectren

Important factors related to Vectren, its affiliates, and its and their operations that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to:

(1) factors affecting utility operations such as unfavorable or unusual weather conditions; catastrophic weather-related damage; unusual maintenance or repairs; unanticipated changes to coal and natural gas costs; unanticipated changes to gas transportation and storage costs, or availability due to higher demand, shortages, transportation problems or other developments; environmental or pipeline incidents; transmission or distribution incidents; unanticipated changes to electric energy supply costs, or availability due to demand, shortages, transmission problems or other developments; or electric transmission or gas pipeline system constraints, (2) new or proposed legislation, litigation and government regulation or other actions, such as changes in, rescission of or additions to tax laws or rates, pipeline safety regulation and environmental laws and regulations, including laws governing air emissions, carbon, waste water discharges and the handling and disposal of coal combustion residuals that could impact the continued operation, and/or cost recovery of generation plant costs and related assets; compliance with respect to these regulations could substantially change the operation and nature of Vectren's utility operations, (3) catastrophic events such as fires, earthquakes, explosions, floods, ice storms, tornadoes, terrorist acts, physical attacks, cyber attacks, or other similar occurrences could adversely affect Vectren's facilities, operations, financial condition, results of operations, and reputation, (4) approval and timely recovery of new capital investments related to the electric generation transition plan, including timely approval to build and own generation, ability to meet capacity requirements, ability to procure resources needed to build new generation at a reasonable cost, ability to appropriately estimate costs of new generation, the effects of construction delays and cost overruns, ability to fully recover the investments made in retiring portions of the current generation fleet, scarcity of resources and labor, and workforce retention, development and training, (5) increased competition in the energy industry, including the effects of industry restructuring, unbundling, and other sources of energy, (6) regulatory factors such as uncertainty surrounding the composition of state regulatory commissions, adverse regulatory changes, unanticipated changes in rate-setting policies or procedures, recovery of investments and costs made under regulation, interpretation of regulatory-related legislation by the Indiana Utility Regulatory Commission and/or Public Utilities Commission of Ohio and appellate courts that review decisions issued by the agencies, and the frequency and timing of rate increases, (7) financial, regulatory or accounting principles or policies imposed by the Financial Accounting Standards Board; the SEC; the Federal Energy Regulatory Commission; state public utility commissions; state entities which regulate electric and natural gas transmission and distribution, natural gas gathering and processing, electric power supply; and similar entities with regulatory oversight, (8) economic conditions including the effects of inflation, commodity prices, and monetary fluctuations, (9) economic conditions, including increased potential for lower levels of economic activity; uncertainty regarding energy prices and the capital and commodity markets; volatile changes in the demand for natural gas, electricity, and other nonutility products and services; economic impacts of changes in business strategy on both gas and electric large customers; lower residential and commercial customer counts; variance from normal population growth and changes in customer mix; higher operating expenses; and reductions in the value of investments, (10) volatile natural gas and coal commodity prices and the potential impact on customer consumption, uncollectible accounts expense, unaccounted for gas and interest expense, (11) volatile oil prices and the potential impact on customer consumption and price of other fuel commodities, (12) direct or indirect effects on Vectren's business, financial condition, liquidity and results of operations resulting from changes in credit ratings, changes in interest rates, and/or changes in market perceptions of the utility industry and other energy-related industries, (13) the performance of projects undertaken by Vectren's nonutility businesses and the success of efforts to realize value from, invest in and develop new opportunities, including but not limited to, Vectren Infrastructure Services Company, Vectren Energy Services Company, and remaining ProLiance Holdings, LLC assets, (14) factors affecting Infrastructure Services, including the level of success in bidding contracts; fluctuations in volume and mix of contracted work; mix of projects received under blanket contracts; unanticipated cost increases in completion of the contracted work; funding requirements associated with multiemployer pension and benefit plans; changes in legislation and regulations impacting the industries in which the customers served operate; the effects of weather; failure to properly estimate the cost to construct projects; the ability to attract and retain qualified employees in a fast growing market where skills are critical; cancellation and/or reductions in the scope of projects by customers; credit worthiness of customers; ability to obtain materials and equipment required to perform services; and changing market conditions, including changes in the market prices of oil and natural gas that would affect the demand for infrastructure construction, (15) factors affecting Energy Services, including unanticipated cost increases in completion of the contracted work; changes in legislation and regulations impacting the industries in which the customers served operate; changes in economic influences impacting customers served; failure to properly estimate the cost to construct projects; risks associated with projects owned or operated; failure to appropriately design, construct, or operate projects; the ability to attract and retain qualified employees; cancellation and/or reductions in the scope of projects by customers; changes in the timing of being awarded projects; credit worthiness of customers; lower energy prices negatively impacting the economics of performance contracting business; and changing market conditions, (16) employee or contractor workforce factors including changes in key executives, collective bargaining agreements with union employees, aging workforce issues, work stoppages, or pandemic illness, (17) risks associated with material business transactions such as acquisitions and divestitures, including, without limitation, legal and regulatory delays; the related time and costs of implementing such transactions; integrating operations as part of these transactions; and possible failures to achieve expected gains, revenue growth and/or expense savings from such transactions, and (18) costs, fines, penalties and other effects of legal and administrative proceedings, settlements, investigations, claims, including, but not limited to, such matters involving compliance with federal and state laws and interpretations of these laws.

The foregoing list of factors is not all-inclusive because it is not possible to predict all factors, and any and all differences between the  risk factors under the headings "Risks Related to CenterPoint Energy" or "Risks Related to Vectren," except where context dictates otherwise, are not intended to be, and should not be read as, a representation, warranty, statement, affirmation or acknowledgement of any kind by CenterPoint Energy, Vectren or their respective affiliates that  any risk factors present under one heading, but absent under the other, are not potential risk factors for CenterPoint Energy or Vectren, or their respective affiliates, as applicable. Furthermore, it may not be possible to assess the impact of any such factor on CenterPoint Energy's or Vectren's respective businesses or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.  Additional risks and uncertainties will be discussed in other materials that CenterPoint Energy and Vectren will file with the SEC in connection with the proposed transactions. Other risk factors are detailed from time to time in CenterPoint Energy's and Vectren's annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the SEC, but any specific factors that may be provided should not be construed as exhaustive.  Each forward-looking statement speaks only as of the date of the particular statement. While we believe these forward-looking statements to be reasonable, there can be no assurance that they will approximate actual experience or that the expectations derived from them will be realized. Further, we undertake no obligation to update or revise any of our forward-looking statements whether as a result of new information, future events or otherwise.

 

 Recent News

 

 
Midcontinent Independent System Operator issues conservation alert
​Evansville, Ind. – Jan. 24, 2026 – The Midcontinent Independent System Operator (MISO), CenterPoint Energy’s Indiana electric grid operator, has declared a conservation alert. Due to colder than normal temperatures and potential shortfalls in electric generation, CenterPoint and other utilities’ residential and business customers within the MISO footprint are being asked to reduce their electricity use as much as possible.

“CenterPoint has sufficient energy supply to serve our service territory and customer load,” said Shane Bradford, CenterPoint’s Vice President, Indiana Electric. “As the grid operator, MISO is experiencing shortages across its multi-state footprint, and we are following their guidance to encourage customers to conserve energy.” 

Customers can assist by utilizing these tips to conserve energy:
  • Set thermostats a few degrees lower; set programmable thermostats to a lower temperature (health permitting). 
  • Avoid using large appliances, such as ovens and washing machines. 
  • Turn off and unplug non-essential lights and appliances. 
  • Businesses should minimize the use of electric lighting and electricity-consuming equipment as much as possible.  
  • Larger, commercial electric customers should consider reducing non-essential production processes. 

If conditions worsen, MISO may issue a directive to curtail power delivered to customers. This would require member utilities, including CenterPoint, to implement controlled outages. These outages are planned, temporary shutoffs of power to prevent longer or more widespread outages. They are an emergency measure only implemented as a last resort to maintain reliability of the electric system. If ordered, these outages will rotate in intervals across the service territory. 

Customers are encouraged to prepare in advance and have a back-up plan in place, especially those who rely on electricity for life-sustaining equipment. 
 
CenterPoint will continue to keep customers informed of any developments. Customers are encouraged to follow the company’s communication channels, including the company’s state-specific X account (@CenterPoint_IN​), Facebook, Pow​er Alert Service®​ and the web​.
CenterPoint Energy's 3,300-person expanded electric workforce pre-positioned at area staging sites and ready to mobilize ahead of late-night winter weather

​Download photos and videos of CenterPoint's preparedness efforts here

100% of employees and contract resources will be in place by 12 p.m. Saturday 

Approximately 700 natural gas workers and contractors ready to support response 

Company encourages the public to heed state and local elected officials' guidance to stay off road Saturday night through Monday

Customers urged to have a plan and prepare for freezing temperatures, strong winds and potential ice accumulation

HOUSTON, Jan. 24, 2026 - In preparation to support its customers and communities during the first major winter weather system of the season, which is forecasted to impact Southeast Texas tonight, CenterPoint Energy continues to mobilize emergency preparedness and response resources. 100% of CenterPoint's 3,300 line skills workers, vegetation management professionals and contract crews will be in place, mobilized and ready to respond at the Emergency Operations Center and two staging sites, both strategically placed in the northeastern Greater Houston area based on weather forecasts shifting northward of the Greater Houston area, as weather forecasts indicate the highest probability of ice impacts in this area.

CenterPoint Energy logo. (PRNewsFoto)  

 

The company's Emergency Operations Center — which has been fully activated and staffed since Wednesday with approximately 200 personnel — will remain open and operational through the storm's full impact as CenterPoint continues carrying out its cold weather action plans. The company is also deploying more than 700 gas workers and contractors to support the weekend response.

"Prioritizing our customers and communities is central to how we plan and prepare for severe weather. We have already pre-positioned our personnel, equipment, and resources needed to support our customers throughout this weekend's forecasted freezing temperatures, strong winds, and potential ice accumulations. Based on current forecasts, we've reallocated people, materials and supplies to the two north Houston staging areas which are expected to see the most significant impacts from the incoming weather. The actions we're taking reflect our commitment to restoring impacted customers safely and quickly in the areas where the need could be most significant. We urge customers to remain weather alert, activate their emergency plan and please stay off area roads and highways," said Nathan Brownell, Vice President of Resilience and Capital Delivery.

Safety reminder: Wires down 
The company reminds customers and community members to always assume downed lines or wires are energized and potentially dangerous if contacted. Stay at least 35 feet away from downed power lines or fallen wires and keep a safe distance from objects touching downed lines (tree limbs, vehicles, fences, etc.) and immediately report downed power lines to CenterPoint. 

Electric and Gas cold weather preparations
The pre-winter safety and readiness actions taken by CenterPoint include:

  • Positioning 17 compressed natural gas (CNG) trailers to provide additional supply for our customers, if needed, adding an additional trailer today to help strengthen preparedness; 
  • Staging more than 700 frontline natural gas workers to respond safely and quickly around the clock to any gas emergency calls and service interruptions;
  • Inspecting nearly 200 natural gas regulator stations and installing heaters on equipment to prevent ice damage;
  • Prepping and pre-staging electric restoration equipment at staging sites, including
    • More than 9,200 distribution poles;
    • More than 11,500 transformers; and
    • More than 100,000 cable splices;
  • Activating its Emergency Operations Center to coordinate response and restoration efforts;
  • Inspecting and testing critical electric equipment, including all 270 electric substations, executing enhanced tree trimming and conducting inspections to prepare for wintery precipitation and cold temperatures;
  • Monitoring more than 100 weather stations across the Greater Houston area to enhance situational awareness and storm preparation;
  • Coordinating with the Public Utility Commission of Texas and the Electric Reliability Council of Texas (ERCOT) about statewide energy needs;
  • Communicating with customers to provide safety and preparedness information directly via email and help keep customers informed and prepared;
  • Conducting outreach to critical care customers by email, phone or text;
  • Donated and installed more than 20 emergency backup generators at key locations across Greater Houston to improve local emergency preparedness and response efforts; and
  • Conducted more than 19,000 total hours of emergency training in 2025 for hundreds of operational, emergency response and other personnel and contractors to strengthen severe weather preparation and response efforts.

Stay informed with Power Alert Service®
CenterPoint electric customers are encouraged to enroll in the company's Pow​er Alert Service®​ to receive winter storm outage details, estimated restoration times and customer-specific restoration updates by phone call, text or email.

Have a plan and stay safe
CenterPoint encourages customers to prepare and have a plan to stay safe during severe winter weather. Customers can get storm-related safety tips at CenterPointEnergy.com/ActionCenter — available in English, Spanish and Vietnamese.

Customers can also stay up to date on outages with CenterPoint's Outage Tracker, available in English and Spanish. The Outage Tracker is built to handle increased traffic during storms, is mobile-friendly, accessible for those with disabilities and allows customers to see outages by county, city and zip code.

For the latest updates, follow CenterPoint on X and visit CenterPointEnergy.com/ActionCenter. 

About CenterPoint Energy, Inc.
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information, contact:
Communications
Media.Relations@CenterPointEnergy.com

SOURCE CenterPoint Energy

CenterPoint Energy urges Minnesota natural gas customers to conserve energy, like lowering thermostats, during the extreme cold snap

MINNEAPOLIS – Jan. 23, 2026– Due to the extreme cold across much of the country, the increased demand for natural gas is expected to cause a short-term rise in natural gas prices. CenterPoint Energy is encouraging its Minnesota customers to take quick actions to save energy, including temporarily lowering their thermostat settings, health permitting, to help conserve energy and save money. The price that CenterPoint pays for natural gas is the same price charged to customers with no mark-up, and the company does not profit from the overall cost of natural gas.

Starting today and potentially through Monday, Jan. 26, 2026, CenterPoint is asking its customers, if possible, to reduce their thermostat settings to 65 degrees during the day when at home and lower the setting an additional five degrees when they are asleep or away from home. With home heating costs representing roughly 50% of a customer's monthly energy bill, this energy conservation step can limit the impact of higher natural gas prices on customers' bills.

CenterPoint reminds customers that it is actively working across the company's Minnesota service area to provide safe, reliable and resilient energy. The company urges customers to have a personal cold weather plan in place to stay safe and warm.

Easy steps customers can take to reduce energy use
CenterPoint offers these additional energy-saving tips for customers:

  • Lower the temperature setting on the water heater. Water heating accounts for approximately 20% of a home's overall energy use. Reducing a water heater's temperature to 120 degrees F from 140 degrees can help reduce water heating cost by 10% while preventing scalding.
  • Check the furnace filter. Change or clean the filter to maximize the efficiency of the furnace.
  • Use window coverings and blinds effectively. If it's sunny outside, open window coverings during the day to capture warmth from the sun, and close coverings at night to keep warmth inside. If the sun's not shining, keep window coverings closed.
  • Keep cold air out. Use caulk or weather-stripping to seal leaks around doors, windows and other openings such as pipes or ducts. Close fireplace dampers when not in use to trap the heat.
  • Use a ceiling fan smartly. Set a ceiling fan to turn clockwise, and slowly, to move heat from near the ceiling to living levels to increase comfort.

Visit CenterPointEnergy.com/ReadyForWinter for more energy-saving tips and resources for customers to stay safe and warm.

Payment assistance resources for customers
CenterPoint urges those facing hardship to call the company now to find out about payment arrangements, energy efficiency programs and agency resources. Resources are available this heating season for qualifying customers. To learn more, customers should call 800-245-2377 between 7 a.m. and 7 p.m., Monday - Friday, or visit CenterPointEnergy.com/PaymentAssistance.
 
Smell natural gas? Act fast!
CenterPoint also wants to provide a safety reminder to customers on actions to take if they suspect a natural gas leak. If there's a rotten egg or sulfur odor of natural gas present, immediately leave the area on foot, go to a safe location, and call both 911 and CenterPoint at 800-296-9815. Don't use electric switches/outlets, phones (including cell phones), drive or start a car inside or close to the location or do anything that could cause a spark.

Strategic natural gas procurement plan to keep customers safe and warm
CenterPoint has a strategic natural gas procurement plan that includes purchasing from multiple natural gas suppliers as well as buying and storing a substantial portion of its fuel supply before the winter heating season to work to mitigate costs customers pay. Due to the increased demand during the winter heating season, additional purchases may be required to be made in the daily market to support customer needs for natural gas.

###

About CenterPoint Energy, Inc.
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com. 

CenterPoint Energy activates staging sites and begins onboarding additional emergency response resources as preparations continue ahead of this weekend's approaching winter weather conditions

​Approximately 3,300 CenterPoint electric employees and contract workers are pre-staged for storm preparation and potential restoration efforts across Southeast Texas

Approximately 700 natural gas workers and contractors support response as well

State of Texas issues disaster declaration ahead of potential impacts

Customers urged to have a plan and prepare for freezing temperatures, high winds and potential ice accumulation

HOUSTON, Jan. 23, 2026 - In preparation for forecasted winter weather heading towards Southeast Texas, CenterPoint Energy continues to monitor the approaching system. With 3,300 frontline workers, support personnel and contractors, CenterPoint stands ready to support its customers and communities. Additionally, the company has stood up three staging sites at strategic locations across the Greater Houston area to pre-position resources to support potential restoration efforts. The company's Emergency Operations Center is also open, fully staffed, and will remain operational through the weekend as CenterPoint continues executing its cold weather action plan.

CenterPoint Energy logo. (PRNewsFoto)  

 

During the company's first daily operational briefing at its Emergency Operations Center, CenterPoint leaders emphasized the company's continued commitment to delivering for our customers and communities.

"We want our customers to be confident in the numerous cold weather preparations CenterPoint has executed from our winter readiness plan and to know we have plans in place to support customers during this weekend's forecasted freezing temperatures, high winds, and potential ice accumulation. We also want to urge our customers to stay weather alert, have an emergency plan in place and take steps now to prepare," said Nathan Brownell, Vice President of Resilience and Capital Delivery.

Yesterday, Texas Governor Greg Abbott issued a disaster declaration ahead of potential impacts, and CenterPoint continues to work closely with government officials and emergency agencies to prepare for the approaching weather system.

What our experts are saying
"Weather forecasts continue to trend toward less icing risk in the Houston area. We continue to actively monitor internal and publicly available weather modeling resources to track forecast changes and adjust our preparations as needed. We encourage our customers and communities to remain prepared for cold weather that will impact the area Sunday and Monday," said Matt Lanza, CenterPoint's Chief Meteorologist.

The current weather forecast for CenterPoint's Houston electric service territory indicates the potential for ice accumulation this weekend, subject to updated forecasts. The company reminds customers and community members to always assume downed lines or wires are energized and potentially dangerous if contacted. Stay at least 35 feet away from downed power lines or fallen wires and keep a safe distance from objects touching downed lines (tree limbs, vehicles, fences, etc.) and immediately report downed power lines to CenterPoint.

"Our Natural Gas teams are prepared to respond to critical issues that may be caused by the weather. We've placed Compressed Natural Gas trucks at 13 strategic locations across Texas to support our system and have frontline gas workers on hand who are ready 24/7 to respond to any service interruptions. We've also strengthened our natural gas infrastructure with added hardening measures and heaters to prevent ice damage," said Richard Leger, CenterPoint's Senior Vice President of Natural Gas Business.

Staging sites and additional resources
CenterPoint activated its Emergency Operations Center on Thursday morning and secured more than 600 additional frontline workers for an expanded workforce of 3,300 workers and personnel to address the approaching winter storm. In addition to CenterPoint's Emergency Operations Center staff of 200 personnel and on-system workforce of approximately 2,500 internal line workers, local contractors and vegetation management resources, the company has secured an additional approximately 600 frontline workers including more line workers, vegetation management resources, and damage assessors.

The company is also deploying more than 700 gas workers and contractors to support the weekend response.

The company's three staging sites will host hundreds of workers and help pre-position crews, vehicles, equipment and materiel needed for restoration across its service territory. These staging sites are strategically placed to position resources in locations where the winter weather system's impact is forecasted to be the most severe.

Cold weather preparations
The pre-winter safety and readiness actions taken by CenterPoint include:

  • Activating its Emergency Operations Center to coordinate response and restoration efforts;
  • Coordinating with the Public Utility Commission of Texas and the Electric Reliability Council of Texas (ERCOT) about statewide energy needs;
  • Communicating with customers to provide safety and preparedness information directly via email and help keep customers informed and prepared;
  • Conducting outreach to critical care customers by email, phone or text;
  • Inspecting and testing critical electric equipment, including all 270 electric substations, executing enhanced tree trimming and conducting inspections to prepare for wintery precipitation and cold temperatures;
  • Positioning Compressed Natural Gas (CNG) trucks at 13 strategic locations to be deployed to supplement the natural gas system, if needed;
  • Monitoring more than 100 weather stations across the Greater Houston area to enhance situational awareness and storm preparation;
  • Donated and installed more than 20 emergency backup generators at key locations across Greater Houston to improve local emergency preparedness and response efforts; and
  • Conducted more than 19,000 total hours of emergency training in 2025 for hundreds of operational, emergency response and other personnel and contractors to strengthen severe weather preparation and response efforts.

Stay informed with Power Alert Service®
CenterPoint electric customers are encouraged to enroll in the company's Power Alert Service® to receive winter storm outage details, estimated restoration times and customer-specific restoration updates by phone call, text or email.

Have a plan and stay safe
CenterPoint encourages customers to prepare and have a plan to stay safe during severe winter weather. Customers can get storm-related safety tips at CenterPointEnergy.com/ActionCenter — available in English, Spanish and Vietnamese.

Customers can also stay up to date on outages with CenterPoint's Outage Tracker, available in English and Spanish. The Outage Tracker is built to handle increased traffic during storms, is mobile-friendly, accessible for those with disabilities and allows customers to see outages by county, city and zip code.

For the latest updates, follow CenterPoint on X and visit CenterPointEnergy.com/ActionCenter.

About CenterPoint Energy, Inc.
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information, contact:
Communications
Media.Relations@CenterPointEnergy.com

SOURCE CenterPoint Energy

CenterPoint Energy ramps up customer communications as 3,300-person expanded workforce continues preparations and emergency response efforts ahead of winter weather system forecasted to impact Texas

Approximately 3,300 CenterPoint employees and contract workers supporting storm preparation and potential restoration efforts across Houston and parts of Southeast Texas

Emergency Operations Center fully staffed and operating; three staging sites activating today

First daily operational briefing scheduled for this afternoon at the company's Emergency Operations Center

State of Texas issues disaster declaration ahead of potential impacts; ERCOT Weather Watch issued for Saturday to Tuesday; grid conditions expected to be normal

HOUSTON, Jan. 22, 2026 - To help its customers and communities stay informed and prepared ahead of this weekend's forecasted winter weather system, CenterPoint Energy is ramping up customer communications as the company continues executing its cold weather readiness plan. CenterPoint is sharing information with customers through a number of channels (emails, phone calls, text messages, and many others). It will also begin hosting daily operational briefings at its Emergency Operations Center this afternoon to provide an update on evolving weather models and give an in-depth overview of the company's expanded response efforts.

"We are focused on delivering for our customers and communities and we want them to know  we're taking action now and preparing to respond to any impacts from this weather to our system, because we know how important it is for the communities we serve to have reliable electric and natural gas service they expect and deserve. Right now, as conditions continue to evolve, staying informed is one of the most important things we can do to keep our customers and their loved ones safe," said Tony Gardner, CenterPoint's Chief Customer Officer. "We urge customers to prepare now and to bookmark our Action Center for storm-related safety tips in English, Spanish and Vietnamese and to make sure they're enrolled in Power Alert Service® to receive winter storm outage details, estimated restoration times and customer-specific restoration updates."

Weather update
"Weather models have generally trended toward a somewhat less impactful forecast outcome in the Houston area since yesterday. While those trends are positive and continue, we are continuing to use both internal and publicly available weather model guidance to shape our forecast expectations and will adjust as needed," said Matt Lanza, CenterPoint's Chief Meteorologist. "Still, with cold and at least some ice expected in the region, we encourage customers and communities to be prepared for hazardous travel on Sunday and a hard freeze, especially Monday morning."

The current weather forecast for CenterPoint's Houston electric service territory indicates the potential for ice accumulation this weekend, subject to updated forecasts. The company reminds customers and community members to always assume downed lines or wires are energized and potentially dangerous if contacted. Stay at least 35 feet away from downed power lines or fallen wires and keep a safe distance from objects touching downed lines (tree limbs, vehicles, fences, etc.) and immediately report downed power lines to CenterPoint. 

Additional resources
Following several days of actively preparing for this weekend's forecasted severe winter weather system, CenterPoint Energy activated its Emergency Operations Center yesterday morning and secured more than 600 additional frontline workers for an expanded workforce of 3,300 workers and personnel to address the approaching winter storm.

Staging sites
The company's three staging sites are strategically placed to pre-position resources in locations where the winter weather system's impact is forecasted to be the most severe. These sites will host approximately 3,300 workers and help pre-position crews, vehicles, equipment and materiel needed for restoration across its service territory.

Public Official Coordination
CenterPoint continues to work closely with government officials and emergency agencies to prepare for the approaching winter weather system and continues to diligently monitor weather models and deploy cold weather mitigations across its electric and gas infrastructure. CenterPoint is also actively working to mobilize emergency response resources and coordinating with relevant local emergency responders and government officials in preparation for this weekend's weather.

Cold weather preparations
The pre-winter safety and readiness actions taken by CenterPoint include:

  • Activating its Emergency Operations Center to coordinate response and restoration efforts;
  • Coordinating with the Public Utility Commission of Texas and the Electric Reliability Council of Texas (ERCOT) about statewide energy needs;
  • Communicating with customers to provide safety and preparedness information directly via email and help keep customers informed and prepared;
  • Conducting outreach to critical care customers by email, phone or text;
  • Inspecting and testing critical electric equipment, including all 270 electric substations, executing enhanced tree trimming and conducting inspections to prepare for wintery precipitation and cold temperatures;
  • Positioning Compressed Natural Gas (CNG) trucks at 13 strategic locations to be deployed to supplement the natural gas system, if needed;
  • Monitoring more than 100 weather stations across the Greater Houston area to enhance situational awareness and storm preparation;
  • Donated and installed more than 20 emergency backup generators at key locations across Greater Houston to improve local emergency preparedness and response efforts; and
  • Conducted more than 19,000 total hours of emergency training in 2025 for hundreds of operational, emergency response and other personnel and contractors to strengthen severe weather preparation and response efforts.

Supporting community preparedness
As part of its ongoing commitment to supporting community preparedness and resilience, the CenterPoint Energy Foundation awarded a $1 million, five‑year grant to The Salvation Army last year to support disaster response capabilities across the Greater Houston area. This grant supports operations at The Salvation Army's Multi‑Purpose Distribution Center in Houston, a critical regional hub that coordinates emergency relief efforts and delivers essential services to vulnerable populations — including families, youth, seniors, and individuals experiencing homelessness — during hurricanes and other severe weather events. Funded separately and financially independent from the utility, the CenterPoint Energy Foundation continues to serve as a catalyst for good by leveraging its resources to enhance the safety, resilience and vibrancy of the communities CenterPoint serves. Learn more at CenterPointEnergy.com/Foundation.

Have a plan and stay safe
CenterPoint encourages customers to prepare and have a plan to stay safe during severe winter weather. Customers can get storm-related safety tips at CenterPointEnergy.com/ActionCenter — available in English, Spanish and Vietnamese.

Customers can also stay up to date on outages with CenterPoint's Outage Tracker, available in English and Spanish. The Outage Tracker is built to handle increased traffic during storms, is mobile-friendly, accessible for those with disabilities and allows customers to see outages by county, city and zip code.

For the latest updates, follow CenterPoint on X and visit CenterPointEnergy.com/ActionCenter. 

About CenterPoint Energy, Inc.
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information, contact:
Communications
Media.Relations@CenterPointEnergy.com

SOURCE CenterPoint Energy