CenterPoint Energy reports fourth quarter and full-year 2020 results
2021-02-25T06:00:00Z

​Houston - February 25, 2021 - CenterPoint Energy, Inc. (NYSE: CNP) today reported fourth quarter 2020 earnings of $0.27 per diluted common share, compared to $0.25 per diluted common share for the fourth quarter of 2019.  On a guidance basis, fourth quarter 2020 earnings were $0.29 per diluted share, compared to $0.35 per diluted share for the fourth quarter of 2019.

  • CenterPoint Energy reported fourth quarter 2020 earnings of $0.27 per diluted share, $0.29  earnings per diluted share on a guidance basis
  • Full-year 2020 results show a loss of $1.79 per diluted share, and $1.40 earnings per diluted share on a guidance basis, with $1.17 from Utility Operations and $0.23 from Midstream Investments
  • Fourth quarter and full-year 2020 guidance basis results beat consensus and guidance
  • Raising 2021 Utility EPS guidance range to $1.24 - $1.26, and reiterating 6% - 8% Utility EPS guidance basis growth rate target and 10% rate base compound annual growth rate
  • CenterPoint Energy remains focused on customers, and is proud of its dedicated employees and the resiliency of its electric and gas systems during the February 2021 winter storm

CenterPoint Energy also reported a loss available to common shareholders of $949 million, or a loss of $1.79 per diluted share, for the full-year 2020, compared with income available to common shareholders of $674 million, or $1.33 per diluted share for the full-year 2019. Full year 2020 results included after-tax non-cash impairment charges of $1,269 million or $2.25 per diluted share, associated with the company's midstream investments. On a guidance basis, full-year 2020 earnings were $1.40 per diluted share, compared to $1.60 per diluted share for full-year 2019.

"Our service territories, particularly here in Texas, have been significantly impacted by the recent severe winter storm. Our thoughts are with our communities and our customers as they recover from the impacts of this storm," said Dave Lesar, President and Chief Executive Officer of CenterPoint Energy.

"I am proud of our employees who went above and beyond to manage the impacts of the storm, the generation shortfall, and the resulting ERCOT electricity curtailment. We are also pleased with our system's performance during this event and proud to report that over 98% of our 2.6 million electric customers had power within 12 hours of having the electricity supply made available to us."

"We are proactively managing our near-term working capital needs resulting from the February winter storm.  Today we are pleased to announce we have secured $1.7 billion in financing commitments to help us bridge short term liquidity needs.  We believe that this short-term financing, along with our existing credit facilities, will help provide ample liquidity for us to address any winter storm-related expenses."

"Looking back to 2020, our strong guidance based results speak to the quality of our utility business and our ability to withstand headwinds due in part to our exceptional customer growth and timely recovery mechanisms. While maintaining our 6% - 8% guidance basis Utility EPS growth target and 10% rate base compound annual growth rate, we are raising our 2021 guidance basis Utility EPS range to $1.24 - $1.26."

Lesar added, "We have also recently announced our support of the merger between Enable Midstream Partners, LP and Energy Transfer LP. We committed to taking a disciplined approach to minimizing our midstream exposure on our December 7th Investor Day and this transaction is a big step for CenterPoint Energy as we deliver on our promises to our shareholders. By taking steps to significantly reduce the risk of our midstream investment and improve the liquidity of the underlying security, we can accelerate our transition to a fully regulated business model. We will keep you updated on the closing of the transaction and our plan to ultimately eliminate our midstream exposure."

Earnings Outlook

Given the recently announced merger between Enable and Energy Transfer, CenterPoint Energy will only be presenting a guidance basis Utility EPS range for 2021 as Enable did not provide 2021 guidance during its recent earnings call.

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 income and 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, 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 Electric and Natural Gas segments, as well as after tax Corporate and Other operating income and an allocation of corporate overhead based upon the Utility's relative earnings contribution. Corporate overhead consists primarily of interest expense, preferred stock dividend requirements, and other items directly attributable to the parent along with the associated income taxes.
  • The Utility EPS guidance excludes:
    • Earnings or losses from the change in value of ZENS and related securities
    • Certain expenses associated with merger integration
    • Midstream Investments segment and associated income from the Enable preferred units and a corresponding amount of debt in addition to an allocation of associated corporate overhead and impact, including related expenses, associated with the merger between Enable and Energy Transfer
    • Cost associated with the early extinguishment of debt
    • Gain and impact, including related expenses, associated with gas LDC sales

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 2021 Utility EPS guidance range also considers assumptions for certain significant variables that may impact earnings, such as customer growth and usage including normal weather, throughput, recovery of capital invested, effective tax rates, financing activities and related interest rates, and regulatory and judicial proceedings. In addition, the 2021 Utility EPS guidance range assumes a continued re-opening of the economy in CenterPoint Energy's service territories throughout 2021. To the extent actual results deviate from these assumptions, the 2021 Utility EPS guidance range may not be met or the projected annual Utility EPS growth rate may change. 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

Midstream guidance is not initiated at this time as a result of a pending merger between Enable and Energy Transfer. CenterPoint Energy will continue to record its share of Enable's earnings as well as basis difference accretion, earnings from the Enable preferred distributions net of an associated amount of debt, interest on the Midstream note, and an allocation of corporate overhead based on Midstream Investment segment's relative earnings contribution until the transaction closes.

Upon closing of the transaction, CenterPoint Energy's investment in Energy Transfer will be accounted for as an equity method investment with a fair value option. Following the closing of the transaction, CenterPoint Energy will establish Midstream Investments EPS expected range based on the distributions from Energy Transfer and the debt and corporate allocations previously described as a component of our Midstream Investments, excluding market-to-market gains or losses recorded for the Energy Transfer investments.

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

Today, CenterPoint Energy, Inc. filed with the Securities and Exchange Commission (SEC) its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 ("2020 Form 10-K"). 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, February 25, 2021, 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 December 31, 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 9,500 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 with respect to regulatory actions,  the expected closing of the merger between Enable and Energy Transfer, de-risking our midstream investment and improving the liquidity of our midstream investments, accelerating our transition to a fully regulated business model, our plan to eliminate our midstream exposure, 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, including impacts from the February 2021 winter storm event; (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, including our proposed sale of our Natural Gas businesses in Arkansas and Oklahoma and the proposed merger between Enable and Energy Transfer, 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 2020 Form 10-K, 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.

Important Information for Investors and Unitholders

This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval.

In connection with the proposed merger between Enable and a subsidiary of Energy Transfer, Energy Transfer will file with the SEC a registration statement on Form S-4, which will include a prospectus of Energy Transfer and a consent solicitation statement of Enable. Energy Transfer and Enable will also file other documents with the SEC regarding the proposed merger. After the registration statement has been declared effective by the SEC, a definitive consent solicitation statement/prospectus will be mailed to the unitholders of Enable. INVESTORS AND UNITHOLDERS OF ENABLE ARE URGED TO READ THE CONSENT SOLICITATION STATEMENT/PROSPECTUS (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) AND OTHER DOCUMENTS RELATING TO THE PROPOSED MERGER THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. Investors and unitholders will be able to obtain free copies of the consent solicitation statement/prospectus and other documents containing important information about Energy Transfer and Enable once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by Energy Transfer and Enable will be available free of charge on their respective internet websites at https://www.energytransfer.com/ and https://www.enablemidstream.com/ or by contacting their respective Investor Relations departments at 214-981-0795 (for Energy Transfer) or 405-558-4600 (for Enable).

Participants in the Solicitation

The company, Energy Transfer, Enable and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the unitholders of Enable in connection with the proposed merger. Information about (i) the directors and executive officers of the company is set forth in the company's Definitive Proxy Statement on Schedule 14A, which was filed with the SEC on March 13, 2020 and the company's 2020 Form 10-K, which was filed with the SEC on February 25, 2021, respectively, (ii) the directors and executive officers of Energy Transfer is set forth in Energy Transfer's Annual Report on Form 10-K, which was filed with the SEC on February 19, 2021 and (iii) the directors and executive officers of Enable is set forth in Enable's Annual Report on Form 10-K, which was filed with the SEC on February 24, 2021, in each case, as may be updated from time to time by Current Reports on Form 8-K, statements of changes in beneficial ownership and other filings with the SEC. Other information regarding certain participants in the consent solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the consent solicitation statement/prospectus and other relevant materials to be filed with the SEC when they become available. Free copies of these documents can be obtained using the contact information above.

 Recent News

 

 
CenterPoint Energy Readies Electric and Gas Systems for FIFA World Cup

​Nearly 700 electric projects completed and nearly 250 miles of natural gas pipeline inspected around critical event venues ahead of seven World Cup matches in Houston

Heightened readiness and close coordination efforts with City of Houston, FIFA Host Committee, and emergency management agencies to continue from June 11 through July 4

HOUSTON – June 9, 2026 – As the city of Houston prepares to welcome fans from around the world for the FIFA World Cup 2026™, CenterPoint Energy has spent the past year executing a series of targeted actions to strengthen its overall preparedness and readiness efforts for this historic global sporting event. To date, CenterPoint has completed nearly 700 electric resiliency projects spanning over 100 miles of electric lines, which included repairing or replacing equipment on all circuits providing power to World Cup priority locations like key venues, transit corridors, hotels, airports and others across Greater Houston. In addition, CenterPoint has completed inspections on nearly 250 miles of natural gas pipeline surrounding key venues.

With seven World Cup matches scheduled in Houston between June 14 and July 4, CenterPoint will operate at a heightened readiness posture, which includes the activation of its Emergency Operations Center before, during and after each match. CenterPoint will continue to work closely with City of Houston officials and other local, state and federal agencies as part of a combined response effort. 

“Preparing for seven World Cup matches is like preparing for seven Super bowls. For over a year, our teams have worked to strengthen the electric and gas systems around all critical venues and to closely coordinate with all our emergency management partners to help prepare our great city. All of us at CenterPoint are proud to do our part to support this global event, and we are excited for our city and the world to enjoy this historic sporting event," said Jesus Soto, Executive Vice President and Chief Operating Officer, CenterPoint Energy.

World Cup Preparedness & Readiness Efforts: Key Actions

As part of its overall preparedness and readiness efforts for the nearly month-long World Cup schedule, in October 2025, CenterPoint began undertaking a series of actions to prepare the electric and natural gas systems to support the City of Houston and all critical event locations. Among the critical actions taken include:  ​

  • Completing Nearly 700 Reliability Projects: Completing nearly 700 electric system projects around critical event venues and other priority locations to help strengthen reliability.
  • Conducting Critical Grid Inspections: Inspecting primary and alternate circuits serving World Cup priority locations, with initial inspections beginning in July 2025 and follow-up inspections identifying issues for repair ahead of the event.
  • Completing Targeted Work at Key Locations: Focusing critical preparedness work around key World Cup-related locations, including NRG Park, Shell Energy Stadium, the EaDo Fan Festival area, airports, transit routes, hotels and training-related sites.
  • Inspecting Nearly 250 Miles of Natural Gas Pipeline: completed additional gas facilities surveys across 140 miles of gas main lines and more than 100 miles of service lines around key event venues.
  • Developing an Action Plan: Building an event-specific action plan to define staffing, response objectives, escalation criteria and resource coordination during the World Cup matches.
  • Coordinating with Local Emergency Partners: Coordinating with the City of Houston, emergency managers and external partners on planning, emergency response and operational readiness.
  • Participating in a Local Emergency Exercise: Participating in a World Cup tabletop exercise facilitated by the Cybersecurity and Infrastructure Security Agency and hosted by the City of Houston to test coordination and response capabilities.
  • Pre-Staging Resources: Preparing additional operational support and response resources to be staged near priority areas to support faster restoration if issues occur.
  • Activating our Emergency Operations Center: CenterPoint will be activating its new state-of-the-art Emergency Operations Center in advance of and during each match to help prepare for and coordinate CenterPoint's event support.​

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 teams monitoring severe storms forecasted for southwestern Indiana and preparing for potential impacts

​The company is executing preparedness actions ahead of storms 

Customers encouraged to stay safe and prepare emergency plans 

EVANSVILLE, Ind. – June 8, 2026 – CenterPoint Energy is monitoring forecasts for potentially severe thunderstorms across the region and preparing for potential impacts as storms are expected to move through southwestern Indiana this week. According to the National Weather Service, strong, damaging winds are possible.

CenterPoint's preparedness actions include:

  • Monitoring weather forecasts and conditions
  • Preparing crews and equipment across its service territory
  • ​Coordinating with local government officials and other stakeholders on storm readiness
  • Sharing safety and preparedness information directly with customers

“Our Emergency Preparedness and Response team has been monitoring the potential for severe storms and our teams are fully prepared and stand ready to respond," said Mike Roeder, President of CenterPoint Energy Indiana. “We encourage our customers to stay alert in anticipation of changing weather conditions and take steps now to prepare."

CenterPoint encourages customers to prepare for severe weather:

CenterPoint Energy Announces “Hurricane Readiness Week” to Highlight Resiliency and Readiness Actions with Official Start of Hurricane Season


With National Weather Service forecasting 8 - 14 named storms this year, CenterPoint highlights Greater Houston Resiliency Initiative (GHRI) improvements, enhanced weather monitoring and opening a new Emergency Operations Center to better prepare and ready its response for customers this hurricane season

CenterPoint encourages customers to sign up for its Power Alert Service® to receive real-time updates about their service throughout hurricane season

HOUSTON – June 2, 2026 – Today, with the start of the 2026 Atlantic hurricane season, CenterPoint is kicking off its “Hurricane Readiness Week," building on Governor Greg Abbott's proclamation last week recognizing May 25 - 30 as Hurricane Preparedness Week in Texas, and sharing a series of critical actions completed to date and underway to strengthen the energy system and keep customers informed.

This season, the National Weather Service predicts 8 to 14 named storms for the Atlantic basin, with 3 - 6 forecast to become hurricanes. To prepare, CenterPoint has prioritized critical resiliency and storm preparedness actions, and throughout the summer will continue to coordinate with local emergency officials and local stakeholders and help customers better prepare for potential severe weather by hosting community events across Greater Houston.

“Preparing for emergencies, like hurricanes, is a year-round priority for our 8,800-strong CenterPoint team. From leveraging state-of-the art weather models and our own network of weather stations, to enhancing how we stage personnel and resources, our teams are prepared with the advanced tools and technology needed to perform at our best for our customers. We're also making critical investments in Houston's energy grid to improve storm resiliency and prepare our crews to respond safely and efficiently when storms strike. Together with local emergency leaders, we stand ready to support our communities before, during and after any severe weather event," said Don Daigler, CenterPoint's Senior Vice President, Emergency Preparedness and Response.
Preparing for the 2026 Hurricane Season: Critical Actions
CenterPoint has taken a series of actions to prepare for the upcoming hurricane season, including:

  • Completing critical resiliency upgrades, including installing storm-resilient poles, clearing higher-risk vegetation and undergrounding power lines across the system to improve system reliability and preventing 150 million customer outage minutes by the end of 2026.
  • Introducing a new way for customers to track GHRI upgrades and enhancements through a new online Community Progress Tracker.
  • Opening a new Emergency Operations Center to support CenterPoint's year-round situational awareness and emergency response readiness and coordinate closely with emergency response partners, local and state officials, media and other key stakeholders.
  • Enhancing real-time weather monitoring with 150 new advanced weather stations and state-of-the art models to enhance storm prediction and preparedness.
  • Executing a full-scale emergency exercise to practice a cross-functional response to a simulated category 3 hurricane with more than 400 CenterPoint team members participating and approximately 100 state and local officials in attendance.​
  • Leveraging advanced technology including improved weather tracking, improved damage models and crew resource management to restore power for customers more efficiently following a storm.
  • Completing more than 25,000 hours of FEMA trainings across more than 800 employees.
  • Improving the damage assessment and restoration process to support faster damage identification and power restoration.
  • Leveraging mutual assistance and vendor partnerships to expand our frontline workforce, when necessary, by up to 20 times to support our future storm or emergency response.

Keeping Customers Informed
During its Hurricane Readiness Week and throughout the 2026 hurricane season, CenterPoint will share updates and resources to help customers stay informed and prepare via social media, advertisements, direct-to-customer emails and through a series of community hurricane preparedness events. Important preparedness and safety information will also be shared before, during and after any major storm or hurricane.

As part of its hurricane preparedness campaign, CenterPoint encourages its customers to enroll in Power Alert Service® (PAS) to receive outage details, estimated restoration times and customer-specific restoration updates via free texts, phone calls or emails. For example, during the storm period from May 21 to May 27, CenterPoint sent more than 1,383,987 PAS alerts to customers with restoration information to keep them informed in real-time. PAS is critical to provide updates to customers, as well as family and friends. 90% of CenterPoint's customers are enrolled in PAS, and utilizing a variety of communication tools, CenterPoint will be encouraging all unsubscribed customers to sign up to ensure they receive timely updates. Customers can visit CenterPointEnergy.com/PowerAlertService to sign up and learn more.
 
During emergencies, CenterPoint's Outage Tracker provides customers with outage information and the estimated time of restoration by address, via an interactive map. Customers can also report an outage or hazard with a few simple clicks and is available at CenterPointEnergy.com/OutageTracker.

To help its Critical Care customers prepare, regardless of the weather, CenterPoint performs regular outreach, including phone calls, texts, emails and direct mail, throughout hurricane season. Customers can visit CenterPointEnergy.com/CriticalCare to register or learn more.

For more about CenterPoint's preparedness actions and critical resiliency improvements across Greater Houston, visit: CenterPointEnergy.com/TakingAction.

For b-roll of CenterPoint's full-scale emergency exercise in preparation for the 2026 hurricane season, undergrounding efforts, pole replacements and other resiliency work, click HERE.

CenterPoint Energy Advances Extreme Weather Preparedness and Response Efforts with Integrated, AI‑Driven Planning Platform from Technosylva

HOUSTON – June 1, 2026 – As extreme weather events grow more frequent and complex, CenterPoint Energy is continuing to strengthen how it plans, prepares for and responds to severe weather across its electric and gas service territory in Texas, Indiana, Ohio, and Minnesota, where the company serves approximately 7 million metered customers.

To support faster service restoration for customers following storms, CenterPoint is leveraging a new, integrated planning and operations platform developed in collaboration with Technosylva to deliver better outcomes for its customers and communities. Technosylva is a leading provider of wildfire, flooding, and extreme weather modeling and decision‑support software used by utilities, insurers, and public agencies to better anticipate risk and support operational response.

The platform brings together outage forecasting, high‑wind and winter storm modeling, flood risk insights, and wildfire intelligence into a single, system‑wide view. This integrated approach allows CenterPoint teams to monitor evolving conditions days in advance, align the right crews and resources ahead of impact, and improve restoration planning and response - while keeping customer safety at the forefront and helping reduce outage duration and restoration costs.

“Preparing for extreme weather today requires earlier insight and better coordination than ever before," said Jason Wells, Chair, President and Chief Executive Officer of CenterPoint Energy. “Our goal is to build the most resilient coastal grid in the nation to benefit our customers and communities. Technosylva's product gives us much clearer visibility into where impacts are most likely and allows us to mobilize crews more efficiently, support neighboring utilities when possible, and restore service faster for our customers."

CenterPoint's electric and natural gas systems are exposed to a wide range of weather‑related threats, including hurricanes, flooding, high winds, extreme heat and cold, and winter storms. The platform supports the company's long‑term strategy to strengthen grid resilience, improve operational readiness, and better prepare for increasingly complex weather events, all while reinforcing CenterPoint's continued commitment to its customers who depend on safe, reliable electric and natural gas service.

During recent weather events, CenterPoint teams used the platform's multi‑day outage forecasts and storm impact modeling to assess potential system impacts ahead of time, set appropriate emergency response levels, and pre‑position crews. In high‑wind events, outage forecasts closely aligned with actual system impacts, helping teams translate weather data into actionable response plans with greater confidence.

"CenterPoint Energy's leadership is visionary, investing to get ahead of extreme weather risk, not just to respond to it," said Bryan Spear, CEO of Technosylva. "Serving customers and communities who face the full spectrum of extreme weather, this enhanced risk intelligence platform helps CenterPoint to anticipate and prepare for events, including hurricanes, flooding, severe winds, and wildfire. We are grateful to them for their collaboration in developing our AI-powered platform, which delivers outage forecasting, restoration planning, flood insights, and wildfire intelligence, to help keep the lights on and restore power faster when it matters most."

Beyond immediate storm response, the platform also supports longer‑term planning by improving how flood and extreme weather risk are incorporated into infrastructure and capital investment decisions. As weather patterns evolve and infrastructure ages, asset‑level risk visibility is increasingly important for investments to deliver resilience benefits for customers over time.

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.  

About Technosylva

Technosylva is the leading provider of wildfire and extreme weather modeling, risk mitigation, and operational response software. Technosylva's market-leading solutions, enhanced by AI and machine learning capabilities, provide real-time and predictive insights into developing wildfire and extreme weather risks to support electric utility, insurance, and government agency customers. Founded in 1997, Technosylva has offices in La Jolla, CA, León, Spain, and Calgary, Canada. Learn more at www.Technosylva.com.

CenterPoint Energy restores power to 122,000 customers impacted by overnight and early morning storms across the Greater Houston area

CenterPoint restores customers impacted by severe overnight thunderstorms, on average, in less than 100 minutes​

CenterPoint has returned to normal operations and the Emergency Operations Center has been demobilized

HOUSTON – May 27, 2026 – CenterPoint has taken action to restore power to 122,000 customers impacted by the overnight and early morning thunderstorms across the Greater Houston area with an average restoration time of approximately 100 minutes. While crews are continuing to work to restore power safely and as quickly as possible, CenterPoint's Emergency Operations Center has been demobilized and electric business has returned to normal operations.

“Our customers expect and deserve reliable power, and our teams worked around the clock through significant rainfall to safely and quickly restore service to customers who were impacted by the severe storms. We will continue to prioritize restoring power to the remaining impacted customers, many of whom live in areas that experienced significant weather-related damage, until service has been returned to all of our customers in the Greater Houston area," said Jason Fabre, CenterPoint's Vice President of Special Response and Incident Commander.

Restoration & Response Actions (as of 5 p.m.)

CenterPoint's response today followed thunderstorms moving through parts of the Greater Houston area in the early morning hours, with the strongest activity taking place between 2 and 3 a.m. The scope of CenterPoint's storm response and restoration includes the following actions:

  • Approximately 2,000 CenterPoint frontline workers and contractors have restored approximately 122,000 customers since storms arrived around 1 a.m. Wednesday morning.
  • More than 99% of all CenterPoint electric customers currently have power.
  • Since 1 a.m. Wednesday, more than 162,000 Power Alert Service® messages have been shared directly with customers.
  • Across our network of 150 weather stations, we recorded the following with Wednesday's severe thunderstorms:
    • Isolated strong wind gusts of up to 48 mph
      • ​​Widespread winds up to 38 mph
    • ​​​​Isolated rainfall totals of up to 2.65 inches
    • Approximately 6,000 lightning strikes between 12 a.m. and 5 a.m. across Houston were recorded via a third-party (Vaisala)
​​Important ways to stay connected to CenterPoint: Power Alert Service

Customers can enroll in the company's Power Alert Service® to receive outage details, estimated restoration times and customer-specific restoration updates via phone call, email or text. Customers can also stay up to date with CenterPoint's Outage Tracker, which allows customers to see outages by county, city and ZIP code.
 

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.