CenterPoint Energy reports strong Q3 2021 earnings results
2021-11-04T05:00:00Z

​Houston – November 4, 2021 - CenterPoint Energy, Inc. (NYSE: CNP) today reported income available to common shareholders of $195 million, or $0.32 per diluted share, for the third quarter of 2021, compared to income available to common shareholders of $69 million, or $0.13 per diluted share, for the third quarter of 2020.

  • Q3 2021 earnings of $0.32 per diluted share; $0.33 per diluted share on a non-GAAP basis, including results from utility operations of $0.25 per diluted share and $0.08 from midstream investments reported under discontinued operations
  • Raising 2021 non-GAAP Utility EPS guidance (“Utility EPS”) range, for the 3rd time this year, to $1.26 - $1.28
  • Utility EPS guidance range for 2022 raised to $1.36 - $1.38. Reiterating 8% Utility EPS annual growth rate target for 2022 through 2024

On a non-GAAP basis, third quarter 2021 earnings were $0.33 per diluted share, with $0.25 per diluted share from utility operations, and $0.08 per diluted share from midstream investments which is reported under discontinued operations. This compared to $0.29 per diluted share from utility operations and $0.05 per diluted share from midstream investments in the third quarter of 2020. Both quarters included some one-time items. The third quarter of 2020 included a CARES Act benefit and unfavorable COVID-related impacts. Third quarter 2021 results include one-time costs related to our recent board-implemented governance changes and unfavorable weather and usage.

"CenterPoint's year-to-date financial performance in 2021 has been strong," said Dave Lesar, President and Chief Executive Officer of CenterPoint Energy. "We continue to see the benefits of organic growth throughout our service territories combined with capital investments and O&M discipline which together are driving favorable earnings. As a result, we are raising our full year 2021 Utility EPS guidance again this quarter to a range of $1.26-$1.28 per diluted share. This is the 3rd Utility EPS guidance raise this year, demonstrating our confidence in our underlying business. With the latest increase in 2021 Utility EPS guidance, our corresponding expectations for 2022 Utility EPS will now also increase to $1.36 - $1.38 per diluted share."

Lesar added, "At our Analyst Day in September, we increased our 5-year capital plan to over $18 billion dollars and introduced our first ever 10-year capital plan of over $40 billion. This capital investment will be dedicated to safety, reliability, growth and enabling clean energy investments to benefit our customers and our investors. This includes opportunities from the recent legislative session in Texas. The increased level of capital is expected to support an annual Utility EPS growth target of 8% in 2022 through 2024, and the mid to high end of our 6-8% range each year after that through 2030."

We now have 6 quarters of meeting or exceeding expectations, but we believe that there is much more to come. We are demonstrating the pathway to a premium and we hope that you will be on board with us as a shareholder when that happens," said Mr. Lesar.

Earnings Outlook

Given the pending merger between Enable and Energy Transfer, CenterPoint Energy will only be presenting a Utility EPS guidance range for 2021 and 2022 as Enable did not provide 2021 or 2022 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 non-GAAP income and non-GAAP diluted earnings per share. 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 non-GAAP income and non-GAAP 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 non-GAAP income and non-GAAP diluted earnings per share 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.

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.
  • 2021 Utility EPS guidance excludes:
    • Earnings or losses from the change in value of ZENS and related securities
    • Certain expenses associated with Vectren merger integration
    • Earnings and losses associated with the ownership and disposal of midstream common and preferred units (including amounts reported in discontinued operations), net gain  associated with the consummation of the pending merger between Enable and Energy Transfer, a corresponding amount of debt related to midstream common and preferred units, and an allocation of associated corporate overhead
    • Cost associated with the early extinguishment of debt
    • Gain and impact, including related expenses, associated with pending gas LDC sales
  • 2022 Utility EPS guidance excludes:
    • Earnings or losses from the change in value of ZENS and related securities
    • Income and expense related to ownership and disposal of Energy Transfer units, a corresponding amount of debt related to the units and an allocation of associated corporate overhead

To the extent the pending gas LDC sales or the pending merger between Enable and Energy Transfer do not occur in 2021, 2022 Utility EPS guidance will exclude the impacts associated with those items as referenced in the 2021 Utility guidance above.

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 and 2022 Utility EPS guidance ranges also consider 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 and 2022 Utility EPS guidance ranges assume the timing of pending gas LDC sales, the timing of pending merger between Enable and Energy Transfer, and the timing of our planned disposition of the Energy Transfer common units and preferred units that we expect to receive as part of the merger between Enable and Energy Transfer. To the extent actual results deviate from these assumptions, the 2021 and 2022 Utility EPS guidance ranges 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 non-GAAP 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.

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, 2021. 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 4, 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 September 30, 2021, the company owned approximately $37 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, the reopening of the economy, rate base growth and our ability to achieve it, the impacts of the February 2021 winter storm event on our business and service territories and the recovery and timing of recovery of gas costs in connection with the winter storm event, future earnings and guidance, including long-term growth rate, dividends and dividend growth rate, operations and maintenance expense reductions, financing plans (including future equity issuances and credit metrics), and future financial performance and results of operations, including with respect to regulatory actions, the expected closing of, or proceeds from the pending merger between Enable and Energy Transfer (including our planned exit from midstream) or the pending sale of our Arkansas and Oklahoma gas LDC businesses, our ability to exit our Midstream Investments reportable segment, customer rate affordability, value creation, opportunities and expectations, ESG strategy, including transition to Net-Zero, 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) CenterPoint Energy's or Enable's potential business strategies and strategic initiatives, restructurings, joint ventures and acquisitions or dispositions of assets or businesses, including the pending sale of our Natural Gas businesses in Arkansas and Oklahoma, which may not be completed or result in the benefits anticipated by CenterPoint Energy, the pending merger between Enable and Energy Transfer, which may not be completed or result in the benefits anticipated by CenterPoint Energy or Enable, and our planned exit from our Midstream Investments reportable segment, which may not be completed or result in the benefits anticipated by CenterPoint Energy; (2) industrial, commercial and residential growth in CenterPoint Energy's service territories and changes in market demand; (3) CenterPoint Energy's ability to fund and invest planned capital, and timely and appropriate rate actions that allow recovery of costs and a reasonable return on investment, including costs associated with the February 2021 winter storm event; (4) the performance of Enable, the amount of cash distributions CenterPoint Energy receives from Enable, and the value of CenterPoint Energy's interest in Enable; (5) the integration of the businesses acquired in the merger with Vectren Corporation (Vectren), including the integration of technology systems, and the ability to realize additional benefits and commercial opportunities from the merger; (6) financial market and general economic conditions, including access to debt and equity capital and the effect on sales, prices and costs;  (7) actions by credit rating agencies, including any potential downgrades to credit ratings; (8) the timing and impact of regulatory proceedings and actions and legal proceedings, including those related to the February 2021 winter storm event; (9) 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 net-zero targets; (10) the impact of the COVID-19 pandemic; (11) the recording of impairment charges, including any impairments related to CenterPoint Energy's investment in Enable; (12) weather variations and CenterPoint Energy's ability to mitigate weather impacts, including impacts from the February 2021 winter storm event; (13) changes in business plans; (14) CenterPoint Energy's ability to execute on its initiatives, targets and goals, including its Net Zero emission goals and operations and maintenance goals; and (15) other factors discussed in CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021, and CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 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 activates Emergency Operations Center ahead of forecasted severe weather across the Greater Houston area this afternoon and through the weekend

Company continues monitoring forecasts and preparing for three days of potential strong thunderstorms, with heavy rain, flooding and strong winds of 40 - 50 mph

More than 1,600 personnel ready to respond and support potential restoration efforts

HOUSTON – May 8, 2026 – With potentially severe weather forecasted to impact the Greater Houston area starting this afternoon and continuing through Saturday and Sunday night, CenterPoint Energy has proactively activated its Emergency Operations Center. More than 1,600 frontline employees and contractors are prepared to respond, as the company continues to closely monitor forecasts, coordinate with emergency management partners and position resources to support safe and timely response to any potential impacts to electric and natural gas service.

Thunderstorms are forecasted to impact parts of the Greater Houston area mainly north of I-10 starting this afternoon and continuing through the evening and into Saturday morning. Weather models also show potential rounds of stronger thunderstorms on Saturday evening and overnight Sunday night into Monday morning. CenterPoint's Meteorology team continues to diligently monitor evolving forecasts and help optimize response plans throughout the weekend.

“Our crews are prepared to respond to any impacts to our system. If any outages from weather occur, our crews will be out inspecting damage and restoring customers as soon as it's safe to do so" said Jason Fabre, CenterPoint's Vice President of Special Response and Incident Commander. “We've been actively monitoring forecasts all week and have activated our Emergency Operations Center to coordinate resources and continue tracking weather models and adjusting response plans as needed. We urge customers to stay aware of evolving weather conditions and have a plan to stay safe."

Prepared for Severe Weather: Key Actions
As part of its storm preparedness efforts, CenterPoint is taking the following actions:

  • Readying the company's workforce and resources: Preparing more than 1,600 personnel to support potential restoration efforts.
  • Activating Emergency Operations Center: To coordinate storm response efforts, the company has proactively activated its Emergency Operations Center. 
  • Monitoring severe weather 24/7: The Meteorology team continues to track weather forecast developments, and the company is updating response efforts as conditions evolve.
  • Coordinating with local officials: CenterPoint is reaching out to local officials and emergency management partners to provide updates on continued preparedness efforts.

What customers should do:

  • Sign up for Power Alert Service®: Get outage updates and restoration times.
  • Track outages: Bookmark the Outage Tracker (available in English & Spanish and mobile-friendly) to see outage information in your area.
  • Stay safe: Visit Ready.gov for storm safety tips.

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 joins local hurricane season preparedness events in Fort Bend and Montgomery Counties to continue strengthening community resiliency across the Greater Houston area

As part of Hurricane Preparedness Week, CenterPoint will be sharing how the company is preparing for hurricane season and extreme weather events as well as important safety tips, preparedness resources and customer tools at disaster and emergency preparedness events

HOUSTON — May 8, 2026 — The first week of May is National Hurricane Preparedness Week, and CenterPoint Energy is teaming up with community organizations, emergency response agencies and public officials for disaster and emergency preparedness events across the Greater Houston area this weekend. These free events will feature giveaways, safety demonstrations and resources to help customers make a plan and prepare ahead of Atlantic hurricane season, which officially starts on June 1.  

“With the 2026 hurricane season arriving soon, we want our customers and communities to know that CenterPoint has a plan in place to address extreme weather events and that everyday our frontline teams are working hard to harden our electric infrastructure with more storm-resilient poles, more miles of higher risk vegetation removed, and more automation to help us restore customer outages quicker. As we all continue preparing for the 2026 hurricane season and the rest of the year, CenterPoint is proud to join these critical preparedness events alongside our emergency management partners and community organizations, reinforcing our shared focus on safety, readiness and protecting the communities we are privileged to serve." said Keith Stephens, CenterPoint's Senior Vice President and Chief Communications Officer.  

Community members are encouraged to attend these free preparedness events to learn more about how CenterPoint Energy prepares for hurricane season, what customers can expect before, during and after a storm, and the safety tools and resources available to support readiness at home. CenterPoint team members will be on site to share information, answer questions and provide guidance on planning ahead for extreme weather.

Throughout the summer, CenterPoint Energy will continue participating in hurricane and emergency preparedness events across other parts of the Greater Houston area as part of its ongoing commitment to strengthening community resiliency ahead of the Atlantic hurricane season.

For more information about upcoming events, hurricane preparedness tips, and CenterPoint's storm response efforts, visit CenterPointEnergy.com/StormCenter.

 

Montgomery County Disaster Preparedness Expo

When:Saturday, May 9 from 10 a.m. – 2 p.m.
 
Where: Lone Star Convention & Expo Center
9055 Airport Rd.,
Conroe, TX 77303
 
Learn more: 1st Annual Montgomery County Disaster Preparedness Expo

 

2026 Ready Fort Bend EXPO

When:Saturday, May 9 from 10 a.m. – 2 p.m.
 
Where: Fort Bend County Fairgrounds
4310 Texas 36
#S Rosenberg, TX 77471
 
Learn more: 2026 Ready Fort Bend EXPO

 
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.​

In celebration of America’s 250th anniversary, CenterPoint Energy’s Foundation launches signature grant opportunity to enhance veteran resilience

​HOUSTON — May 6, 2026 — In celebration of the upcoming 250th anniversary of the United States of America, the CenterPoint Energy Foundation is launching a new and unique grant opportunity to support nonprofit organizations that serve and focus on our U.S veterans in CenterPoint Energy's four state service area in Indiana, Minnesota, Ohio and Texas.

Through this special grant opportunity, the Foundation plans to invest up to $250,000 in the states the company serves, with individual grants ranging from $5,000 to $25,000. Grants will be awarded to eligible nonprofit organizations with a primary location within CenterPoint's service areas and whose programs support veterans and individuals connected to the military.

“As our nation approaches its 250th anniversary, this grant opportunity reflects our deep respect for the men and women who serve and have served, and our privilege to support them beyond their time in uniform," said Jason Ryan, Executive Vice President, Regulatory Services and Government Affairs at CenterPoint and United States Navy veteran.

“We see the value every day of our veteran workforce. We have more than 700 employees who once served in uniform and who are today working to deliver safe and reliable energy services to nearly 7 million customers. Through the CenterPoint Energy Foundation, we appreciate being able to give back to veterans by supporting nonprofit organizations that provide critical resources for mental health, housing stability and everyday needs. It's an honor to invest in programs that help veterans and their families thrive in the communities we are proud to serve," Ryan added.

Grant funding will focus on nonprofit programs working to strengthen veteran resilience through:

  • Mental health and peer support services.
  • Transitional and stable housing assistance.
  • Daily living support, including transportation, benefits navigation and basic needs.

Funded separately and financially independent from the utility, the CenterPoint Energy Foundation strives to be a catalyst for good by leveraging everyday opportunities and resources to strengthen communities. This grant opportunity for veteran-serving organizations expands on the Foundation's two main strategic giving areas of community vitality and education to help address critical challenges facing veterans and their families.

CenterPoint employs more than 700 veterans across its four-state service area, who continue their commitment to service by strengthening the communities where they live and work by helping provide vital electric and natural gas service.

In 2025, the CenterPoint Energy Foundation awarded more than $15 million to support nonprofit organizations focused on increasing community vitality and investing in education.  

To learn more about this program and to apply for a grant, visit CenterPointEnergy.com/Community.
 

About the CenterPoint Energy Foundation
The CenterPoint Energy Foundation provides philanthropic support to meet the needs of communities where CenterPoint Energy customers live and work. The Foundation is funded by shareholders and has no impact on customer rates. More information about the Foundation can be found at CenterPointEnergy.com/Foundation.

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 December 31, 2025, the company owned approximately $46.5 billion in assets. With approximately 8,800 employees, CenterPoint and its predecessor companies have been in business for more than 150 years. ​

CenterPoint Energy customers surpass annual energy savings goal – decreasing energy use, saving money and reducing emissions

CenterPoint's 2025 annual status report highlights customer energy, cost and emissions reductions 

Customers have reduced emissions by 18.1 million metric tons and saved $2.6 billion over the last 32 years

MINNEAPOLIS – May 4, 2026 – CenterPoint Energy recently filed its 2025 Energy Conservation and Optimization (ECO) Status Report with the Minnesota Department of Commerce and the Minnesota Public Utilities Commission reporting a decrease in customer energy use of 1.35% related to overall energy use. Residential and business customers exceeded the company's annual energy savings goal through participation in energy efficiency programs.

This marks the seventeenth year CenterPoint customers have surpassed the annual energy savings target, reflecting the company's commitment to help Minnesotans use energy more efficiently, save money and reduce the emissions attributed to their energy use. Filed in 2023, CenterPoint's 2024-2026 ECO Plan is expected to decrease total customer emissions by approximately 1.29% each year, with CenterPoint customers surpassing this goal in 2025 by achieving a 1.35% decrease.

Customer participation in CenterPoint's Minnesota energy efficiency programs has reduced emissions by nearly 18.8 million metric tons over the last 32 years and saved customers approximately $2.6 billion.    

“At CenterPoint, we're proud of our more than 30-year history of connecting our Minnesota customers with opportunities to enhance the energy efficiency of their homes and businesses. Our energy efficiency programs help our customers lower their energy use, reduce their personal emissions and keep more money in their pockets. We look forward to continuing to work with customers on ways to save to benefit our share communities," said Brad Steber, Vice President of Minnesota Gas at CenterPoint.

Several key programs helped drive energy savings and emissions reductions in 2025, including:

  • Residential insulation rebates: Customers participated in programs to upgrade insulation within their homes to help them maintain a comfortable indoor temperature year-round and reduce energy waste. Residential customers can receive rebates of up to $3,000 for work completed by a qualifying contractor. 
  • Programs for income-qualified customers: The company offers a variety of programs for customers who meet income qualifications including audit programs to identify areas of energy waste and for owners of multi-family properties who serve qualifying customers including through appliance rebates and incentives to making energy efficiency improvements.
  • Rebates for commercial and industrial customers: CenterPoint's rebates programs are tailored to the needs of commercial and industrial customers. Customers took advantage of rebates for high-efficiency commercial foodservice equipment and upgrades to water heaters and heaters.  

CenterPoint also offers various energy efficiency programs at a reduced rate or no cost for customers who qualify.

Customers can learn more about available Minnesota energy efficiency programs and how to participate by visiting: CenterPointEnergy.com/SaveEnergy.

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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.

Essentially all CenterPoint Energy customers who can receive power have been restored following significant rain and storms across the Greater Houston area on Friday

​HOUSTON – May 2, 2026 – As significant rain and strong winds traveled across CenterPoint Energy's electric service territory yesterday, approximately 96% of its 2.9 million customers across the Greater Houston area experienced no impact to their electric service. Approximately 126,000 customers, were impacted since storms started to move through the area around 12:00 a.m. on Friday morning, and essentially all customers have been restored. As of 7:30a.m. today, approximately 200 customers are currently without power. Crews continue actively working to restore those impacted customers safely and as quickly as possible. ​

The company's electric business has returned to normal operations and the Emergency Operations Center has been demobilized.

On Thursday, the company activated its Emergency Operation Center ahead of the weather event, and more than 1,300 frontline workers and contractors were available to respond to isolated outages throughout the company's 12-county service area. The average time to restore customers who experienced storm-related outages was approximately 90 minutes.

“We know our customers expect and deserve reliable power, and that's why our teams worked around the clock through heavy rainfall to safely restore service, with most outages resolved in less than 90 minutes over the last 24 hours." said Nathan Brownell, CenterPoint's Vice President of Resilience and Capital Delivery and Incident Commander. “We appreciate the dedication of our outstanding frontline crews and contractors. They remain active and will continue restoration efforts until service is restored to all customers who can safely receive power."

CenterPoint took the following actions ahead of Friday's severe weather:

  • Deployed resources: Had 1,300 company employees and contractors ready to respond to outages and support preparedness actions ahead of restoration efforts.
  • Activated Emergency Operations Center: To coordinate storm response efforts throughout the day, the company proactively activated its Emergency Operations Center on Thursday and remained ready to respond.
  • Monitored weather 24/7: The Meteorology team continued to track forecast developments, and the company updated response plans as conditions evolved.
  • Pre-positioned resources: Response teams were pre-positioned in areas where storms were forecasted to impact and remained ready to respond to any electric or natural gas service interruptions safely and as quickly as possible.
  • Coordinated with local officials: The company provided updates to local officials and emergency management partners.

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.​