CenterPoint Energy reports Q3 2020 earnings of $0.13 per diluted share; $0.34 diluted EPS on a guidance basis, with $0.29 diluted EPS from utility operations and $0.05 diluted EPS from midstream investments
2020-11-05T06:00:00Z
  • ​Utilities led company with strong third quarter results
  • Raising 2020 Utility EPS guidance range to $1.12 - $1.20 and reiterating 5% - 7% Utility EPS guidance basis growth rate target
  • Third quarter 2020 GAAP results include after-tax non-cash impairment charges of $92 million or $0.15 per diluted share for the company's share of impairment charges recorded by Enable

Houston - Nov. 5, 2020 - CenterPoint Energy, Inc. (NYSE: CNP) today reported income available to common shareholders of $69 million, or $0.13 per diluted share, for the third quarter of 2020, compared to income available to common shareholders of $241 million, or $0.47 per diluted share, for the third quarter of 2019. The third quarter 2020 results included after-tax non-cash impairment charges of $92 million or $0.15 per diluted share for the company's share of impairment charges recorded by Enable Midstream Partners, LP ("Enable").

On a guidance basis, third quarter 2020 earnings were $0.34 per diluted share, with $0.29 per diluted share from utility operations, and $0.05 per diluted share from midstream investments, excluding non-cash impairment charges. Third quarter 2019 earnings, on a guidance basis, were $0.47 per diluted share, with $0.39 per diluted share from utility operations and $0.08 per diluted share from midstream investments. See "Reconciliation of Consolidated income (loss) available to common shareholders and diluted earnings (loss) per share (GAAP) to guidance basis income and guidance basis diluted earnings per share (Non-GAAP)" and "Earnings Outlook and Non-GAAP Considerations" below.

"Our strong third quarter results confirm our commitment to delivering value for our customers and shareholders," said Dave Lesar, President and Chief Executive Officer of CenterPoint Energy. "Given the strength of our results, we are raising our 2020 guidance basis Utility EPS range to $1.12 - $1.20."

Lesar added, "We also recently concluded the work of the Business Review and Evaluation Committee of the Board. We are eager to share our strategy and invite investors to join management for a virtual Investor Day on December 7, 2020."

"During our Investor Day, we will highlight our updated long-term annual rate base growth projection of approximately 10%. This rate base growth is central to our strategy to deliver consistent year-over-year earnings growth to investors and improve service to our customers. The projected additional capital expenditures driving this 10% annual rate base growth not only put us in a position to reiterate our 5% - 7% five-year guidance basis Utility EPS annual growth target, but gives us confidence in being able to deliver results at the top end of that range. I remain greatly energized about CenterPoint Energy's future and will continue to work tirelessly to drive maximum value for all of our stakeholders."

Earnings Outlook and Non-GAAP Considerations

To provide greater transparency on utility earnings, 2020 guidance will be presented in two components, a guidance basis Utility EPS range and a Midstream Investments EPS expected range.

In addition to presenting its financial results in accordance with GAAP, including presentation of income (loss) available to common shareholders and diluted earnings (loss) per share, CenterPoint Energy provides guidance based on guidance basis income and guidance basis diluted earnings per share, which are non-GAAP financial measures.  Generally, a non-GAAP financial measure is a numerical measure of a company's historical or future financial performance that excludes or includes amounts that are not normally excluded or included in the most directly comparable GAAP financial measure.

Management evaluates CenterPoint Energy's financial performance in part based on guidance basis earnings per share. Management believes that presenting these non-GAAP financial measures enhances an investor's understanding of CenterPoint Energy's overall financial performance, including the impact of its Enable investment, by providing them with an additional meaningful and relevant comparison of current and anticipated future results across periods. The adjustments made in these non-GAAP financial measures exclude items that Management believes do not most accurately reflect the company's fundamental business performance. These excluded items are reflected in the reconciliation tables of this news release, where applicable. CenterPoint Energy's guidance basis income and guidance basis diluted earnings per share non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, income available to common shareholders and diluted earnings per share, which respectively are the most directly comparable GAAP financial measures. These non-GAAP financial measures also may be different than non-GAAP financial measures used by other companies.

(1) Utility EPS Guidance Range

  • The Utility EPS guidance range includes net income from Houston Electric, Indiana Electric and Natural Gas Distribution segments, as well as after tax Corporate and Other operating income.
  • The 2020 Utility EPS guidance range reflects dilution and earnings as if the Series C preferred stock were issued as common stock.
  • The Utility EPS guidance excludes:
    • Earnings or losses from the change in value of ZENS and related securities
    • Certain expenses associated with merger integration and Business Review and Evaluation Committee activities
    • Severance costs
    • Results related to Infrastructure Services and Energy Services, including costs and impairment resulting from the sale of those businesses
    • Midstream Investments and allocation of associated corporate overhead

In providing this guidance, CenterPoint Energy does not consider the items noted above and other potential impacts such as changes in accounting standards, impairments or other unusual items, which could have a material impact on GAAP reported results for the applicable guidance period. The 2020 Utility EPS guidance range also considers operations performance to date and assumptions for certain significant variables that may impact earnings, such as customer growth (above 2% for electric operations and 1% for natural gas distribution) and usage including normal weather, throughput, recovery of capital invested, effective tax rates, financing activities and related interest rates, regulatory and judicial proceedings, and anticipated cost savings as a result of the merger. In addition, the Utility EPS guidance range incorporates a full-year COVID-19 scenario range of $0.10 - $0.15 which assumes reduced demand levels and miscellaneous revenues with the second quarter as the peak and reflects anticipated deferral and recovery of certain incremental expenses, including bad debt. The COVID-19 scenario range also assumes a gradual re-opening of the economy in CenterPoint Energy's service territories, with anticipated reduced demand and lower miscellaneous revenues over the remainder of 2020. The 2020 Utility EPS guidance range also assumes an allocation of corporate overhead based upon its relative earnings contribution. Corporate overhead consists of interest expense, preferred stock dividend requirements, income on Enable preferred units and other items directly attributable to the parent along with the associated income taxes. CenterPoint Energy is unable to present a quantitative reconciliation of forward-looking guidance basis diluted earnings per share because changes in the value of ZENS and related securities, future impairments, and other unusual items are not estimable and are difficult to predict due to various factors outside of management's control.

(2) Midstream Investments EPS Expected Range

The 2020 Midstream Investments EPS expected range is $0.15 - $0.18. In providing this EPS expected range for Midstream Investments, CenterPoint Energy assumes a 53.7 percent ownership of Enable's common units and includes the amortization of its basis differential in Enable and assumes an allocation of its corporate overhead based upon Midstream Investments relative earnings contribution. The Midstream Investments EPS expected range reflects dilution and earnings as if CenterPoint Energy's Series C preferred stock were issued as common stock. The Midstream Investments EPS expected range takes into account such factors as Enable's most recent public outlook for 2020 dated November 4, 2020, and effective tax rates. In providing this 2020 guidance, CenterPoint Energy uses a non-GAAP measure of guidance basis diluted earnings per share that does not consider other potential impacts such as changes in accounting standards, impairments or Enable's unusual items, which could have a material impact on GAAP reported results for the applicable guidance period.  CenterPoint Energy is unable to present a quantitative reconciliation of forward looking guidance basis diluted earnings per share because changes in Enable's outlook, future impairments related to Midstream Investments or Enable's unusual items are not estimable and are difficult to predict due to various factors outside of CenterPoint Energy management's control.

Filing of Form 10-Q for CenterPoint Energy, Inc.

Today, CenterPoint Energy, Inc. filed with the Securities and Exchange Commission (SEC) its Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. A copy of that report is available on the company's website, under the Investors section. Investors and others should note that we may announce material information using SEC filings, press releases, public conference calls, webcasts, and the Investor Relations page of our website.  In the future, we will continue to use these channels to distribute material information about the company and to communicate important information about the company, key personnel, corporate initiatives, regulatory updates and other matters.  Information that we post on our website could be deemed material; therefore we encourage investors, the media, our customers, business partners and others interested in our company to review the information we post on our website.

Webcast of Earnings Conference Call

CenterPoint Energy's management will host an earnings conference call on Thursday, November 5, 2020, at 7:00 a.m. Central time/8:00 a.m. Eastern time. Interested parties may listen to a live audio broadcast of the conference call on the company's website under the Investors section. A replay of the call can be accessed approximately two hours after the completion of the call and will be archived on the website for at least one year.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward-looking Statements

This news release includes, and the earnings conference call will include, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news 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. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release or on the earnings conference call regarding capital investments, rate base growth and our ability to achieve it, future earnings and guidance, including long-term growth rate, and future financial performance and results of operations, including, but not limited to the impact of COVID-19, including with respect to regulatory actions and the COVID-19 scenario range discussed in this news release, the Business Review and Evaluation Committee's review process and outcomes, value creation, opportunities and expectations and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or discussed on the earnings conference call speaks only as of the date of this release or the earnings conference call.

Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include, but are not limited to, risks and uncertainties relating to: (1) the performance of Enable, the amount of cash distributions CenterPoint Energy receives from Enable, and the value of CenterPoint Energy's interest in Enable;

(2) CenterPoint Energy's expected benefits of the merger with Vectren Corporation (Vectren) and integration, including the ability to successfully integrate the Vectren businesses and to realize anticipated benefits and commercial opportunities;

(3) financial market and general economic conditions, including access to debt and equity capital and the effect on sales, prices and costs; (4) industrial, commercial and residential growth in CenterPoint Energy's service territories and changes in market demand; (5) actions by credit rating agencies, including any potential downgrades to credit ratings; (6) the timing and impact of future regulatory and legal proceedings; (7) legislative decisions, including tax and developments related to the environment such as global climate change, air emissions, carbon, waste water discharges and the handling of coal combustion residuals, among others, and CenterPoint Energy's carbon reduction targets; (8) the impact of the COVID-19 pandemic; (9) the recording of impairment charges, including any impairments related to CenterPoint Energy's investment in Enable; (10) weather variations and CenterPoint Energy's ability to mitigate weather impacts; (11) changes in business plans; (12) CenterPoint Energy's ability to fund and invest planned capital, including timely and appropriate rate actions that allow recovery of costs and a reasonable return on investment; (13) CenterPoint Energy's or Enable's potential business strategies and strategic initiatives, including the recommendations and outcomes of the Business Review and Evaluation Committee, restructurings, joint ventures and acquisitions or dispositions of assets or businesses, which may not be completed or result in the benefits anticipated by CenterPoint Energy or Enable; (14) CenterPoint Energy's ability to execute operations and maintenance management initiatives; and (15) other factors discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, CenterPoint Energy's Quarterly Report on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020, including in the "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Information" sections of such reports, and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

 Recent News

 

 
CenterPoint Energy Announces “Emergency Preparedness Week”

Week-long awareness effort to highlight emergency resources, tools and safety tips to help customers be ready throughout hurricane season

Customers will be encouraged to enroll in Power Alert Service® to stay informed during severe weather and emergency events

​

HOUSTON – July 14, 2026 – CenterPoint Energy today announced the launch of “Emergency Preparedness Week" to help raise customers' awareness of an array of vital emergency resources, storm safety tips and enhanced communication tools. As part of the week-long effort, which will include a social media campaign and direct outreach to customers, CenterPoint will also be encouraging its 2.9 million customers across the Greater Houston area to update their emergency plans, enroll in Power Alert Service® (PAS) to receive timely alerts about extreme weather, outages and restoration efforts, and visit the company's Action Center website to learn about other ways to be ready for emergencies.

“Extreme weather, hurricanes and emergency events can happen at any time, and we want all our customers and their families to be better prepared. Whether it is updating their emergency plan, enrolling in PAS or taking other safety steps, we all must work together to be ready before storms strike," said Raja Subramanian, Vice President and Chief Customer Officer.

Emergency Preparedness Week: Actions to Be Highlighted
During Emergency Preparedness Week, CenterPoint will be highlighting an array of tools, resources and tips available to help customers be prepared before the next emergency strikes, including:

  • Signing up for Power Alert Service: Enroll to receive free alerts by phone call, text or email about outages, restoration and storm response efforts. Customers can also add up to 15 family and friends to receive alerts for the customers' address.
  • Using CenterPoint's Outage Tracker: View the most up-to-date outage and restoration information by address and report outages.
  • Exploring Emergency Partner Resources: Find additional support through the United Way 211 Helpline, which connects customers with the help they need through a comprehensive database of social services, and the State of Texas Emergency Assistance Registry (STEAR) program, a free registry to let local emergency responders know if you or a loved one require extra assistance in an emergency.
  • Preparing an Emergency Plan and Supply Kit: Create an emergency safety plan and prepare a week's worth of supplies for your home, including bottled water, non-perishable food, a first aid kit and extra batteries.
  • Avoiding Downed Lines: Stay at least 35 feet away from downed power lines and always assume they are still energized.
  • Reporting Gas Leaks: If you smell gas, leave the area immediately on foot, and call CenterPoint at 713-659-2111.

For more information and emergency preparedness tips and resources, follow CenterPoint Energy on social media 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 March 31, 2026, the company owned approximately $47.8 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

CenterPoint Energy Indiana Highlights Ongoing Commitment to Customer Affordability in Open Letter to Customers and Stakeholders

​Open letter outlines series of affordability actions, including commitment to keeping rates stable for two years, $5 million Community Energy Improvement Fund, bill adjustments and other critical steps 

Company stresses importance of prioritizing customer affordability, investing in resiliency and economic growth vital to ensuring $250 million in future customer energy savings 

Evansville, Ind. – July 14, 2026 – Today, CenterPoint Energy Indiana released an open letter on its ongoing commitment to affordability addressed to customers and stakeholders, including state and local elected leaders, the Indiana Utility Regulatory Commission, the Office of Utility Consumer Counselor, and other community stakeholders. In the open letter, CenterPoint outlined the series of affordability actions it has taken since last year, including: a commitment to keep rates stable through 2027, and a series of bill adjustments and credits to offset October 2025 rate increases. CenterPoint also outlined its public initiatives to raise awareness on programs, tips, and tools available to help customers save energy and money, as well hundreds of millions of dollars in future customer savings possible as additional capacity is added to the local grid.

“Energy affordability is very important to our customers and our CenterPoint Indiana team. We are committed to working alongside our state and local leaders, our regulator, and community stakeholders to continue to prioritize customer affordability and build on the actions we've already taken. Looking to the future, by working together and adding more capacity, we are excited by the real opportunity to save our customers hundreds of millions of dollars even as we build a more reliable and more resilient energy future for our Hoosier families," said Mike Roeder, President of CenterPoint Energy Indiana.

Action Taken: Prioritizing Customer Affordability
Since October 2025, CenterPoint Energy Indiana has taken a series of Community Affordability Actions, which include:

  • Two-year rate stability: Keeping rates stable through 2027, in part, by canceling nearly $1 billion in previously approved generation projects that had become non-economical, saving customers approximately $18 per month.
  • Offsetting October 2025 rate increase: Delivering a credit to residential customers by December 2025, through bill adjustments and credits, to offset rate changes that took effect in October 2025.
  • Voluntarily reduced company profits: Agreeing to lower its authorized return as part of the rate case approved by the IURC in February 2025.
  • Voluntarily eliminated profits on a retired power plant: Eliminating profits on an older, retired coal plant under recent state legislation, reducing customer cost impacts by approximately $5 per month since June 2023.
  • Fourteen years without a base rate case: Filing no formal base rate case requesting increases in electric base rates between 2009 and 2023.

Actions Taken: Bringing Support Directly to Southwestern Indiana Customers
CenterPoint has also launched a series of programs focused on reducing energy burdens and helping customers better manage their costs, including:

  • Customer Connect: Adding new in-person service options in downtown Evansville for customers to get account support, learn about and enroll in cost- and energy-saving programs, and pay their monthly bill.
  • Reduced Call Center Wait Times: Reducing call center wait times by 70% between May and June '26, resulting in wait times of less than one minute for CenterPoint Energy's Hoosier customers.
  • A $5 million Community Energy Improvement Fund: Supporting Hoosier customers through an array of weatherization, energy efficiency and community development projects.
  • The Home Repair & Care Program: Assisting eligible homeowners with energy-saving home improvements. To date, 80-plus households have received energy efficiency enhancements.
  • Optimize for Local: Providing up to $25,000 in matching grants to nine locally owned restaurants and retailers to help make energy efficiency improvements.
  • Optimize for Good: Helping 14 southwestern Indiana nonprofits save energy and costs through matching grants of up to $25,000 to make critical facilities improvements, enabling the organizations to dedicate more resources to serving the communities that rely on them.
  • No-Cost Smart Thermostats and Bill Credits: Expanding energy-efficiency offerings that include no-cost smart thermostats for eligible customers and a one-time bill credit of $75 for signing up for the Smart Cycle program and annual bill credits of up to $67.50 while enrolled.

Working Together: A Commitment to Continued Collaboration
In the letter to Indiana energy stakeholders, CenterPoint outlined the actions it continues taking to prioritize affordability now and in the future, including:

  • Maintaining its two-year rate stability commitment.
  • Supporting local economic development that will create thousands of new jobs, and lower energy costs and taxes for Hoosiers, while increasing funding for public services like schools and roads.
  • Expanding further its community assistance and energy-efficiency programs, including the Community Energy Improvement Fund initiatives.
  • Exploring additional affordability measures and bill assistance options, including a proactive rate design review in consultation with IURC staff and stakeholders.
  • Participating actively in affordability discussions and workshops at the local and state level.
  • Providing transparent updates on the outcomes of affordability and reliability investments.
CenterPoint Energy launches “10 Days of Special Energy Savings” offers for Hoosiers

As part of a commitment its affordability, CenterPoint offering customers free to low-cost energy efficiency products through its Online Energy Efficiency Store

From July 1st-10th, customers will be able to save on a range of products


EVANSVILLE, Ind. – July 1, 2026 – As part of its commitment to affordability, CenterPoint Energy is helping Hoosier customers and families save energy and money with “10 Days of Special Energy Savings" on a range of energy efficiency products through its Online Energy Efficiency Store. The sale on energy savings products, which are for CenterPoint Energy customers only, will run July 1st through July 10th and will continue while supplies last. The range of energy savings products offered include smart thermostats, water-saving fixtures and weatherization items.

“We want to help our Hoosier families save energy and money. This sale makes it easier for our customers to find new ways to save with practical, energy-saving products for their homes, many at no cost, so they can lower their usage and take more control of their bills this summer and beyond," said Mike Roeder, President of CenterPoint Energy Indiana.

Helping Customers Save Energy and Money
During the 10 days of savings, and through the Online Energy Efficiency Store, eligible customers can order:

  • Air Purifiers: ENERGY STAR® certified air purifiers are more than 50% more energy-efficient than standard models while helping improve indoor air quality.
  • Smart Thermostats: ENERGY STAR® certified smart thermostats can save an average of 8% on heating and cooling costs each year. Eligible customers can order a no-cost smart thermostat, including select Google Nest and ecobee models, with rebates applied automatically at checkout;
  • Standby-Power Savers: Devices left in standby mode can account for 5% to 10% of a home's energy use and can cost the average U.S. household as much as $100 a year. Advanced power strips, smart sockets and outdoor smart plugs help cut that usage;
  • Water-Saving Fixtures: A WaterSense®-labeled low-flow showerhead can save the average family about 2,700 gallons of water and more than 330 kilowatt-hours of electricity each year. Qualifying showerheads, aerators and shower accessories are available, with several at no cost while supplies last;
  • Weatherization Essentials: Sealing air leaks and adding insulation can save up to 10% on annual energy bills. Pipe insulation, sealant and outlet gaskets help keep cooled air in and summer heat out.

CenterPoint Energy's Actions to Prioritize Affordability
The Online Energy Efficiency Store, launched in November 2024, is one of several ways CenterPoint is prioritizing affordability and energy savings for Indiana customers.

In October 2025, CenterPoint launched an initial series of Community Affordability Actions, including the CenterPoint Energy Foundation's $5 million Community Energy Improvement Fund. Since then, the company has introduced additional bill management tools and programs for southwestern Indiana customers and customer protections as part of the Indiana Electric rate case settlement, such as annual late fee waivers upon request, reduced reconnection fees and additional safeguards for medically vulnerable customers.

Customers can browse all available products year-round, and check eligibility, at CenterPointEnergy.com/Shop. Additional savings tips, tools and assistance resources are available through the Resource Hub at CenterPointEnergy.com/ResourceHub.​

​
CenterPoint Energy Launches ‘Power Alert Service® Awareness Week’ to Encourage Customers to Sign Up for Free Emergency Communication Service

​​​More than 2.4 million customers currently signed up to receive Power Alert Service notifications on extreme weather, outages and restoration efforts. 

Multi-month public awareness campaign aimed at achieving 100% customer enrollment in free alert service that is especially critical during hurricane season. 

HOUSTON – June 30, 2026 – As part of its commitment to provide vital communications for its customers during emergencies or storms, CenterPoint Energy today announced the launch of “Power Alert Service® (PAS) Awareness Week" to help achieve its goal of enrolling 100% of its customers in PAS. To date, CenterPoint has signed up more than 2.4 million customers for this critical, free tool that provides timely alerts on outages, restoration estimates and important updates. For PAS Awareness Week, CenterPoint is launching a multi-month social media and customer outreach campaign that will extend throughout hurricane season across Greater Houston to drive PAS enrollment and help customers stay informed and safe during storms, emergencies or periods of extreme weather.

“During hurricane season, we know how important it is to provide timely, accurate information to our CenterPoint customers and their loved ones. Power Alert Service® is one of the most valuable tools available to help every customer across Greater Houston get the updates they need, when they need them. We also encourage customers to add additional household members or loved ones to receive alerts, so everyone stays informed during severe weather. Our team is more determined than ever to raise awareness of this free service and help enroll every one of the customers we're privileged to serve," said Raja Subramanian, CenterPoint Energy Chief Customer Officer.

The Power of PAS: A Free Service, Keeping Customers & Loved Ones Informed
CenterPoint launched PAS, a free service to customers who sign up, in 2012, to provide customers with alerts by phone call, text or email about outages at their location, estimated restoration times, important updates on CenterPoint storm preparedness and response efforts, and much more. An invaluable benefit is that customers can also sign up to 15 family members and/or friends to receive alerts. In late May and early June alone, CenterPoint sent nearly 3.9 million PAS notifications to keep its customers informed before, during and after the storms.

As part of its outreach campaign, CenterPoint will be utilizing its social media tools and will also be encouraging customers to sign up for PAS at Community Connect events scheduled across Greater Houston. A full schedule of upcoming Community Connect events is available at CenterPointEnergy.com/HoustonCommunityConnects.

For more information, follow CenterPoint Energy on social media or 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 March 31, 2026, the company owned approximately $47.8 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com 

CenterPoint Energy taking action to prepare for possible thunderstorms impacting southwestern Indiana customers

Readiness actions include: preparing crews and equipment, 24/7 weather monitoring, coordinating with local government officials and keeping customers informed

​Customers urged to sign up for Power Alert Service® to get latest updates about their service

​EVANSVILLE, Ind. – June 26, 2026 – CenterPoint Energy continues to closely monitor National Weather Service (NWS) forecasts following several rounds of storms across southwestern Indiana this week. To support its customers, CenterPoint is taking a series of actions to prepare for potential hazardous weather, including possible thunderstorms, damaging wind gusts, heavy rain, flooding and isolated tornadoes, in southwestern Indiana this evening into tomorrow. Key actions include preparing crews and equipment, monitoring weather forecasts 24/7, coordinating with local officials and communicating critical safety and preparedness information to its southwestern Indiana customers including how to sign up for Power Alert Service® to get the latest updates about their service.

“Our CenterPoint team is taking action and is prepared to respond to potential impacts from this week's storms across southwestern Indiana. We are ready to respond and restore power safely and as quickly as possible for any customers who may experience outages. We will continue closely monitoring conditions and we urge all of our customers to stay alert and take steps now to prepare and stay safe throughout this period of heavy storms and high winds," said Mike Roeder, President of CenterPoint Energy Indiana.

Preparing for Hazardous Weather: Key Actions
The most recent National Weather Service forecast includes damaging winds, scattered thunderstorms and isolated tornadoes that may be strong enough to result in downed power lines and outages. A Flood Watch is in effect through Saturday morning. To prepare, CenterPoint is taking a series of safety and readiness actions, including:

  • Preparing Crews and Equipment: Preparing workers and equipment across southwestern Indiana to support restoration efforts for impacted customers.
  • 24/7 Weather Monitoring: Closely monitoring weather forecasts and evolving weather conditions that could impact our customers.
  • Coordinating with Local Officials: Providing consistent updates on preparedness actions to federal, state, county and city officials.
  • Keeping Customers Informed: Providing updates directly to customers via email, phone, text or other channels to keep customers informed and prepared.
  • Promoting Power Alert Service®: CenterPoint is urging customers to sign up for Power Alert Service® to receive important updates about their gas and electric service via phone call, text or email, including outage details and estimated restoration times.

Emergency Communications: Sign Up for Power Alert Service®
To help prepare for the impact of hazardous weather, CenterPoint is encouraging its customers to enroll in Power Alert Service® to receive outage details, estimated restoration times and customer-specific restoration updates via phone call, text or email. As part of CenterPoint's overall emergency communications efforts, customers can stay up to date on local outages with CenterPoint's cloud-based Outage Tracker, available in English and Spanish, which allows customers to see outages and restoration times by county, city and zip code. 

Emergency Preparations: What Customers Can Do to Stay Safe
As part of its preparedness efforts, CenterPoint will continue using its communications channels to share a series of critical safety reminders, including:

  • Stay at least 35 ft. away from any downed power lines and always assume they are still energized and dangerous.
  • Keep roads clear for emergency vehicles.
  • ​Do not touch anything in contact with a downed wire, such as fences, branches or standing water.
  • Before a flood: Natural gas should not be turned off at the meter. Keeping the meter on helps maintain proper pressure in gas piping and prevents water from entering the lines. If discontinuing service is necessary, gas should be turned off at each appliance. 
  • After a flood:  
    • If a natural gas meter was underwater, CenterPoint should be contacted to schedule an inspection. The meter may require replacement. 
    • Flooded natural gas appliances—such as furnaces, gas grills and gaslights—should be inspected by a qualified technician before operation. 
  • If the smell of natural gas (rotten egg odor) is present, leave the area immediately and call 911 and CenterPoint from a safe location.
  • Before digging or clearing debris, please call 811, the nationwide Call Before You Dig number, to locate underground natural gas lines and other underground utility lines.

For additional safety tips, customer resources and important updates, visit CenterPointEnergy.com/ActionCenter and follow CenterPoint on social media. ​