Houston – Feb. 23, 2021 – CenterPoint Energy, Inc. today announced that through its charitable foundation it is contributing $1 million to the Houston-Harris County Winter Storm Relief Fund. The relief fund, which was established by Houston Mayor Sylvester Turner and Harris County Judge Lina Hidalgo, is aimed at supporting low-income Houstonians without insurance who were impacted by the recent extreme winter weather.
Dave Lesar, President and Chief Executive Officer of CenterPoint Energy, will serve as Chair of the relief fund's Advisory Board, which will consist of eight members representing various areas of the community. The Greater Houston Community Foundation and United Way of Greater Houston will jointly oversee and administer the grant distribution process with the help of a grants committee, which will include local philanthropic professionals.
"The severe winter weather has impacted every corner of our community and the needs are immediate and significant. I am honored to partner with Mayor Turner, Judge Hidalgo, civic and community leaders and contributors to answer the call to support our neighbors in need," said Lesar. "For CenterPoint Energy's part, Houston and surrounding communities have been our home for more than 150 years. We are proud to support our neighbors and communities in the aftermath of this unprecedented winter weather event."
At the peak of the severe winter weather event, approximately 1.4 million total customers were impacted across CenterPoint Energy's 5,000-square-mile Houston Electric service territory. Electricity shortfalls were due to an insufficient supply of electricity from power generators and CenterPoint Energy, which does not generate its own power, was required by the Electric Reliability Council of Texas (ERCOT) to suspend electric service to a portion of its customers. Once power became available, the company was ready to deliver it and restored approximately 1.3 million electric customers in a 24-hour period.
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. The CenterPoint Energy Foundation is a charitable giving vehicle focused on strengthening the quality of life in the communities served by CenterPoint Energy. For more information, visit CenterPointEnergy.com.