CenterPoint Energy seeks recovery following completion of 7-year natural gas pipeline modernization plan
Utility files first base rate review in 13 years; Current natural gas commodity prices forecasted to remain stable; Significant methane emission reductions from energy efficiency savings and pipeline replacement
2020-12-18T06:00:00Z

​Indianapolis, Ind. – Dec. 18, 2020 – CenterPoint Energy's Indiana-based gas utility, Indiana Gas Company, has filed a request with the Indiana Utility Regulatory Commission (IURC) for recovery of investments made within its Indiana natural gas service territory.

The filing comes at the completion of the company's 7-year, $725 million gas modernization plan, which was filed in 2013 to comply with federal pipeline safety rules and continue the safe, reliable delivery of natural gas service to its 620,000 north central, central and southeastern Indiana customers. The gas system improvements resulted in upgrades to portions of CenterPoint Energy's 13,000-mile network of distribution mains and transmission pipelines serving north central, central and southeastern Indiana. The work primarily consisted of replacing bare steel and cast-iron distribution mains with new industry-grade plastic mains, as well as inspecting and upgrading natural gas transmission pipelines. This pipeline work has led to a 33% reduction in methane emissions since 2013. Since 2008, nearly 650 miles of gas mains have been replaced in the utility's territory.

Using 2013 state laws focused on federal mandates and natural gas infrastructure needs, Indiana utilities submit forward-looking capital investment plans to the IURC for review and cost recovery. The statutes provide utilities the ability for gradual investment recovery as modernization progress is made; otherwise defined as 80% of total capital expenditures and lessening the effect of a larger rate increase through traditional rate recovery. The balance of recovery must be sought through a traditional rate request at the end of the 7-year plan and is a requirement of the law. With the 2013 filing and the IURC's approval and regular review of that plan, the company seeks recovery of the remaining 20% of those investments.

"Through these infrastructure investments, CenterPoint Energy is committed to complying with federal mandates and continuing to safely and reliably deliver natural gas service to our customers," said Richard Leger, Vice President of Natural Gas Distribution, Indiana and Ohio. "While our natural gas customers may experience an increase to their bills, it will be the first time in 13 years we have pursued such recovery. As demonstrated by our commitment to expense management and continuing to offer natural gas as a cost-effective, reliable energy option due to low, stable natural gas commodity prices, we remain focused on maintaining affordability for our customers."

If the IURC approves the request, the average residential north central, central and southeastern Indiana gas customer could see an approximate increase of less than $3 per month. This represents the balance of costs not already recovered through the duration of the previous seven years and recovery of additional investments before and outside of the company's modernization plan related to public and system improvements required since 2006.      

Also requested within this filing is the continuation of natural gas energy efficiency programs through 2025 and the income-eligible universal service program, which provides additional gas bill reductions during the months of December through May for eligible Indiana customers.

"Since inception of the programs, customers have saved approximately 194 million therms of natural gas, or enough energy to heat 241,000 homes for a year, which also contributed to more than 1,139,000 metric tons of CO2e emissions saved," continued Leger. "Energy efficiency programs are another way we strive to give customers the opportunity to reduce their energy usage and therefore lower their bill, while also lowering emissions."

While taking into consideration the expected bill impact for these gas infrastructure investments, bills should remain substantially lower than they were subsequent to the company's last rate case filing due to considerably lower natural gas commodity costs. Should the current recovery request be approved, total annual bills will be approximately $350 lower than they were in 2008 when current rates were approved. As is the case with other gas utilities, the company does not profit from the cost of natural gas. The utility's portfolio approach to gas purchases on behalf of customers is simply passed through dollar for dollar.

The filing now begins a comprehensive review by the IURC which will take several months to complete and will include a public hearing as part of the regulatory process. Should the request be approved, new rates may go into effect during the fourth quarter of 2021.

CenterPoint Energy's gas territory covering north central, central and southeastern Indiana delivers natural gas to approximately 620,000 customers in portions of Adams, Allen, Bartholomew, Blackford, Boone, Brown, Clark, Clay, Clinton, Daviess, Decatur, Delaware, Fayette, Floyd, Fountain, Grant, Greene, Hamilton, Hancock, Hendricks, Henry, Howard, Huntington, Jackson, Jay, Jefferson, Johnson, Lawrence, Madison, Marion, Martin, Miami, Monroe, Montgomery, Morgan, Orange, Owen, Parke, Putnam, Randolph, Rush, Shelby, Switzerland, Tippecanoe, Tipton, Vermillion, Vigo, Wabash, Warren, Wayne, Wells and White counties.

Forward Looking Statement:

This news release includes 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 regarding future events, such as future regulatory filings, actions and decisions, including the timing and impact of such actions and decisions, the expected impact of the proposed rate adjustments on customer bills, forecasted natural gas commodity prices and any associated fluctuations, emissions reductions and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. 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 impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

 

About CenterPoint Energy

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.

 Recent News

 

 
CenterPoint Energy continues its resiliency efforts across the 12-county region through its Foundation’s Community Generator Donation Program; Donates trailer generator to the Liberty County Office of Emergency Management

​HOUSTON — June 6, 2025 — Yesterday, at an event in Liberty, Texas, CenterPoint Energy leaders joined local elected officials and community leaders to announce the donation of a trailer generator to the Liberty County Office of Emergency Management as part of the company's Community Generator Donation Program to support local community resiliency. Through this program, the CenterPoint Energy Foundation is donating funds for more than 20 backup generators at key locations throughout its 12-county Greater Houston region, with at least one generator or other support provided for each county.  

The company worked in close collaboration with local Offices of Emergency Management (OEMs) and other county and city leaders to identify the appropriate locations for the donated generators to be able to have the greatest impact and local benefit. 

The Community Generator Donation Program is part of CenterPoint's Greater Houston Resiliency Initiative (GHRI). The backup generators will help provide support for critical community partners during major weather events or other emergencies and will be funded through a $5 million grant from the CenterPoint Energy Foundation at no cost to customers. The CenterPoint Energy Foundation is a charitable giving organization focused on strengthening the quality of life in the communities served by the company. The foundation is funded by shareholders and has no impact on customer rates. For more information, visit CenterPointEnergy.com/Foundation. 

“We are committed to improving resiliency in our local communities and working closely with our community partners to achieve this important goal. Today, we are donating backup generation to support our partners in Liberty County. The donated generators are each capable of powering an entire large building and will help make the communities we are proud to serve even more resilient during major storms and other emergency events," said Alicia Dixon, CenterPoint's Director of Community Relations. 

These backup generators will provide an additional power supply during major storms and other emergency events that cause outages. Facilities that receive the donated backup generators will be able to better serve their communities during outages, acting as hubs for essential services like medical care, cooling stations, water and food distribution, charging stations for critical devices and other services.  

Working with Community Partners on Locations 
To support local community needs, CenterPoint worked closely with county and city officials and OEMs to identify and select the ideal locations for the donated generators, with local officials ultimately deciding which critical facilities will receive the donations. 

CenterPoint will continue coordinating with local community partners to ensure the backup generators are suitable to meet the specific needs of the critical facilities they have identified.  

 

PHOTO: From L to R: Shelton Mitchell, CenterPoint Service Area Director for Baytown and South Houston; Carlton Porter, CenterPoint Service Area Manager for Baytown; Paul Lock, CenterPoint Director of Local Government Affairs; Jay Knight, Liberty County Judge; Antwyne “AJ" Johnson, Liberty County Emergency Management Coordinator; Alicia Dixon, CenterPoint Director of Community Relations; Madison Gonzalez, Liberty County Deputy Emergency Management Coordinator; William “Billy" Knox, Liberty County Sheriff's Office Chief Deputy; Robert “Bobby" Rader, Liberty County Sheriff

More photos: CNP Digital Asset Mgmt 
 
About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward-looking statements
This news release, as well as the website pages related to the GHRI, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release or the website pages related to the GHRI, 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, which include statements regarding the GHRI and longer-term resiliency plans, including effectiveness, timing and related matters, 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 the website pages related to the GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI speaks only as of the date of this release or the date that such statement is made, as applicable. 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) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.
​

CenterPoint Energy continues its resiliency efforts across the 12-county region through its Foundation’s Community Generator Donation Program; Donates backup generator to the Richard and Meg Weekley Community Center

​HOUSTON — June 6, 2025 — Yesterday, at an announcement in Cypress, Texas with elected officials and community leaders, CenterPoint Energy leaders announced the donation of a backup generator to the Richard and Meg Weekley Community Center as part of its Community Generator Donation Program to support local community resiliency. Through this program, the CenterPoint Energy Foundation is donating funds for more than 20 backup generators at key locations throughout its 12-county Greater Houston region, with at least one generator or other support provided for each county.  

The company worked in close collaboration with local Offices of Emergency Management (OEMs) and other county and city leaders to identify the appropriate locations for the donated generators to be able to have the greatest impact and local benefit. 

The Community Generator Donation Program is part of CenterPoint's Greater Houston Resiliency Initiative (GHRI). The backup generators will help provide support for critical community partners during major weather events or other emergencies and will be funded through a $5 million grant from the CenterPoint Energy Foundation at no cost to customers. The CenterPoint Energy Foundation is a charitable giving organization focused on strengthening the quality of life in the communities served by the company. The foundation is funded by shareholders and has no impact on customer rates. For more information, visit CenterPointEnergy.com/Foundation. 

“We are committed to improving resiliency in our local communities and working closely with our community partners to achieve this important goal. Today, we are donating backup generation to support our partners here in Harris County Precinct 4. These donated generators are each capable of powering an entire large building and will help make the communities we are proud to serve even more resilient during major storms and other emergency events," said Jason Ryan, CenterPoint's Executive Vice President of Regulatory Services at Government Affairs.

The backup generators will provide an additional power supply during major storms and other emergency events that cause outages. Facilities that receive the donated backup generators will be able to better serve their communities during outages, acting as hubs for essential services like medical care, cooling stations, water and food distribution, charging stations for critical devices and other services.  

Working with Community Partners on Locations 
To support local community needs, CenterPoint worked closely with county and city officials and OEMs to identify and select the ideal locations for the donated generators, with local officials ultimately deciding which critical facilities will receive the donations. 

“Hurricane season is here, and in Harris County we know it's not a matter of if the next big storm will hit, but when. My Precinct 4 team and I work year-round to ensure we can deliver resources effectively and efficiently in the aftermath of disaster. This new backup generator at Weekley Community Center will significantly enhance our extreme weather resilience. Thanks to the power of partners like CenterPoint, we stand ready to serve our community before, during, and after any storm," said Harris County Precinct 4 Commissioner Lesley Briones.

CenterPoint will continue coordinating with local community partners to ensure the backup generators are suitable to meet the specific needs of the critical facilities they have identified.  

 

PHOTO: From L to R: Michelle Hundley, CenterPoint Local Government Relations Manager; Jason Ryan, CenterPoint Executive Vice President of Regulatory Services at Government Affairs; Lesley Briones, Harris County Precinct 4 Commissioner; Johnnie Johnson, CenterPoint Service Area Director for Cypress and Katy; Jeffery Ledet, CenterPoint Service Area Manager for Cypress
 
More photos: CNP Digital Asset Mgmt 
 
About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward-looking statements
This news release, as well as the website pages related to the GHRI, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release or the website pages related to the GHRI, 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, which include statements regarding the GHRI and longer-term resiliency plans, including effectiveness, timing and related matters, 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 the website pages related to the GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI speaks only as of the date of this release or the date that such statement is made, as applicable. 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) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.​


CenterPoint Energy reminds customers, contractors and community members to dial 811 before digging or starting outdoor projects
​​HOUSTON – June 5, 2025 – CenterPoint Energy is reminding everyone to contact 811 before starting any outdoor digging project. Anyone planning to dig — including gardening, building or repairing a fence, planting trees, installing a deck, placing a mailbox or laying a patio — should contact 811 at least three business days (excluding weekends and holidays) before starting their project. 811 is a free service that community members can use to have utility lines located and marked.

According to the Common Ground Alliance, a member-driven association of nearly 3,800 damage prevention professionals in the underground utility industry, utility lines are damaged every few minutes because digging occurred prior to contacting 811. In 2024 alone, CenterPoint experienced more than 3,100 natural gas line damages within its service territory because 811 was not contacted before digging.

“As temperatures continue to warm up, our customers and community members are working on more outdoor projects around their homes. While they take advantage of the warmer temperatures, we want to remind everyone of the importance of having utilities located and marked prior to digging. By contacting 811, everyone takes a critical first step in helping keep themselves, their loved ones and communities safe," said Al Payton, CenterPoint's Vice President of Safety and Technical Training. “No matter how shallow or minor a project, everyone can help prevent safety incidents and loss of utility service for their communities by contacting 811 to have underground utility lines located and marked."

Safe digging practices are required by state laws and help prevent damage to underground natural gas, electric, communications, water and sewer lines. Utility lines can be buried as shallow as inches below the surface. Digging without knowing the approximate location of underground utilities can result in serious injury, including death, as well as service disruptions, fines and costly repairs.

Safe digging steps
To prevent damage and stay safe, CenterPoint urges everyone to follow these steps before any digging project:

  • Plan ahead! Contact 811 at least three business days before starting work.
  • Make the request early in the week for weekend projects.
  • Confirm all utility lines are marked before beginning work.
  • Adjust plans if needed. Relocate projects that are too close to marked utility lines.
  • If using a contractor, verify they have contacted 811 before their work.

Smell natural gas? Act fast
If a natural gas line is struck outside of a home or business, customers are reminded to:

  • Leave the area immediately on foot. Do not attempt to restart or move powered equipment or use your mobile device or any other item that could cause a spark.
  • Go to a safe location, then call 911 and CenterPoint.
  • Remain in a safe area until directed by emergency personnel to do otherwise.
  • Don't try to repair a natural gas leak. Leave all repairs to a trained technician.

Visit 811BeforeYouDig.com to learn more about the process to have underground utility lines located and marked. For more information about natural gas safety, visit CenterPointEnergy.com/Safety.  

About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.​

​

CenterPoint Energy continues its resiliency efforts across the 12-county region through its Foundation’s Community Generator Donation Program; Donates trailer generator to the Chambers County Office of Emergency Management

HOUSTON — June 4, 2025 — Yesterday, during the 2025 Chambers County Hurricane Workshop, CenterPoint Energy leaders joined local elected officials and community leaders to announce the donation of a trailer generator to the Chambers County Office of Emergency Management as part of the company's Community Generator Donation Program to support local community resiliency. Through this program, the CenterPoint Energy Foundation is donating funds for more than 20 backup generators at key locations throughout its 12-county Greater Houston region. It is expected that there will be at least one generator or other support for each county.

The company worked in close collaboration with local Offices of Emergency Management (OEMs) and other county and city leaders to identify the appropriate locations for the donated generators to be able to have the greatest impact and local benefit. 

The Community Generator Donation Program is part of CenterPoint's Greater Houston Resiliency Initiative (GHRI). The backup generators will help provide support for critical community partners during major weather events or other emergencies and will be funded through a $5 million grant from the CenterPoint Energy Foundation at no cost to customers. The CenterPoint Energy Foundation is a charitable giving organization focused on strengthening the quality of life in the communities served by the company. The foundation is funded by shareholders and has no impact on customer rates. For more information, visit CenterPointEnergy.com/Foundation. 

“We are committed to improving resiliency in our local communities and working closely with our community partners to achieve this important goal. Today, we are donating backup generation to support our partners in Chambers County. These donated generators are each capable of powering an entire large building and will help make the communities we are proud to serve even more resilient during major storms and other emergency events," said Alicia Dixon, CenterPoint's Director of Community Relations. 

These backup generators will provide an additional power supply during major storms and other emergency events that cause outages. Facilities that receive the donated backup generators will be able to better serve their communities during outages, acting as hubs for essential services like medical care, cooling stations, water and food distribution, charging stations for critical devices and other services.  

Working with Community Partners on Locations 
To support local community needs, CenterPoint worked closely with county and city officials and OEMs to identify and select the ideal locations for the donated generators, with local officials ultimately deciding which critical facilities will receive the donations. 

“This vital equipment will enhance our preparedness and response capabilities, ensuring that we can better serve our residents during emergencies and power outages. A huge 'thank you' to CenterPoint Energy for your commitment to community safety! We appreciate your support in helping us keep Chambers County safe and resilient," said Chambers County Judge Jimmy Sylvia.

CenterPoint will continue coordinating with local community partners to ensure the backup generators are suitable to meet the specific needs of the critical facilities they have identified.  

 

PHOTO: From L to R: Ryan Dagley, Chambers County Precinct 4 Commissioner; Paul Lock, CenterPoint Director of Local Government Affairs; Ryan Holzaepfel, Chambers County Emergency Management Coordinator; Jimmy Sylvia, Chambers County Judge; Quinten Adams, Chambers County Field Operations Support Division Chief; Alicia Dixon, CenterPoint Director of Community Relations; Jeffery Choate, Chambers County Deputy Emergency Management Coordinator and Safety Officer; Haley Hernandez,  Chambers County Emergency Services Support Specialist; Sarah Phelps, Chambers County Emergency Services Administrative Assistant; Jimmy Gore, Chambers County Precinct 1 Commissioner

More photos: CNP Digital Asset Mgmt 
 
About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward-looking statements
This news release, as well as the website pages related to the GHRI, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release or the website pages related to the GHRI, 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, which include statements regarding the GHRI and longer-term resiliency plans, including effectiveness, timing and related matters, 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 the website pages related to the GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI speaks only as of the date of this release or the date that such statement is made, as applicable. 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) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

​
2025 Atlantic Hurricane Season: CenterPoint Energy emphasizes preparedness with critical resiliency efforts completed before June 1; urges customers to have an emergency plan and practice that plan

Historic series of Greater Houston Resiliency Initiative key improvements completed ahead of schedule to strengthen the grid and reduce the impact of outages from major storms

Joint emergency response exercise completed; community safety and preparedness events continue with emergency officials and local partners

CenterPoint continues proactive outreach and communication efforts across Greater Houston service area to help customers prepare for upcoming storm season

HOUSTON, June 3, 2025 - With the 2025 Atlantic hurricane season officially underway, CenterPoint Energy is reinforcing the resiliency and preparedness efforts the company already completed to strengthen grid resiliency, improve local emergency coordination and help communities and customers better prepare for potential severe weather.

Last month, CenterPoint held its 2025 emergency response exercise as part of a coordinated effort with public officials, emergency response managers and community partners to improve local cooperation and response efforts. The company continues to work with communities to donate and install more than 20 backup generators for critical facilities and other key locations across its 12-county service area and has been hosting a series of community and customer outreach events across the Greater Houston area to share important safety information and preparation updates.

"Ahead of this year's hurricane season, CenterPoint has been fully engaged in completing a series of historic resiliency improvements and preparedness activities to enhance how we prepare for and respond to hurricanes and other severe weather events," said Tony Gardner, CenterPoint Senior Vice President and Chief Customer Officer. "While we've accomplished a great number of milestones ahead of the start of hurricane season, we won't stop there. We will continue diligently monitoring the weather, making more improvements and investments, and maintaining our storm preparedness efforts while we work every day to achieve our goal of building the most resilient coastal grid in the country."

2025 Hurricane Season Preparedness: Getting Ready for Extreme Weather
CenterPoint has been conducting and helping coordinate a series of important preparedness activities over the last several months, including:

  • Completing historic grid improvements: As part of the Greater Houston Resiliency Initiative (GHRI), CenterPoint has completed a series of critical resiliency actions ahead of schedule, including:
    • Installing 26,000 stronger, more storm-resilient poles;
    • Installing 5,150 automated devices;
    • Clearing high-risk vegetation from 6,000 miles of power lines;
    • Undergrounding more than 400 miles of power lines; and
    • Installing 100 weather stations to provide real-time weather monitoring.
  • Leveraging AI and emerging technologies: Collaborating with industry-leading technology providers, including Neara and Technosylva, to better predict and prepare for extreme weather impacts.
  • Working with emergency partners to get ready: Coordinating with local officials, emergency management offices and community partners to prepare for extreme weather events, including through joint emergency response exercises.
  • Donating and installing emergency generators to key locations: Working with local communities to provide backup generators to critical facilities and community centers that provide medical care, food and water, cooling and other essential services in emergencies.
  • Hosting customer and community hurricane preparedness events: Holding a series of community preparedness events and webinars to provide updates about CenterPoint's preparations for hurricane season, important safety tips and key resources for customers.
  • Enhancing critical storm response tools: Implemented sophisticated damage modeling to help expedite critical decision making before and during an event, as well as adopted a new storm management software program to more efficiently onboard and deploy mutual assistance crews in support of CenterPoint's emergency response efforts.
  • Upgrading CenterPoint's Outage Tracker: Launched a new and improved, cloud-based Outage Tracker to provide real-time updates on outages and restoration efforts, available in English and Spanish.

CenterPoint will continue to provide updates on its critical resiliency actions. More information is available at CenterPointEnergy.com/TakingAction.

About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward-looking statements
This news release, as well as the website pages related to the GHRI, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release or the website pages related to the GHRI, 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, which include statements regarding the GHRI and longer-term resiliency plans, including effectiveness, timing and related matters, 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 the website pages related to the GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI speaks only as of the date of this release or the date that such statement is made, as applicable. 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) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

SOURCE CenterPoint Energy