ERCOT Board approves moving ahead to finalize CenterPoint Energy's emergency generation proposal; Company's actions will lower bills for Houston-area customers and help avoid regional energy shortfall
ERCOT Board approves moving ahead to finalize CenterPoint Energy's emergency generation proposal; Company's actions will lower bills for Houston-area customers and help avoid regional energy shortfall
2025-02-25T06:00:00Z

​CenterPoint's 15 large emergency generation units will help ERCOT meet current and future energy needs for the San Antonio region for up to two years starting in Summer 2025

Greater Houston-area customers will see bill relief related to this transaction of approximately $2 less per month by 2027

Subject to final approvals, CenterPoint will make no revenue or profit off the proposal to help ERCOT and the State of Texas

HOUSTON, Feb. 25, 2025 - As part of a commitment to help meet the State of Texas' immediate energy needs, CenterPoint Energy welcomed today's approval by the Electric Reliability Council of Texas (ERCOT) Board to move ahead with finalizing CenterPoint's proposal to utilize 15 large emergency generation units to help address the state's generation shortfall concerns. Under its proposal, CenterPoint will make no revenue or profit from these 15 units while helping ERCOT and the State of Texas. CenterPoint's 2.8 million Greater Houston-area electric customers will also benefit from the arrangement by seeing lower monthly bills related to this transaction by 2027.

CenterPoint Energy logo. (PRNewsFoto)  

 

As outlined before the ERCOT Board today, and subject to finalization of mutually agreed upon documentation among the relevant parties, including ERCOT and the service provider/operator of the emergency generation units, CenterPoint will send the 15 large emergency generation units to the San Antonio area by summer 2025, for up to two years, which will help the state and ERCOT offset a projected energy shortfall.

As an outcome of this proposal, CenterPoint would make its Houston Electric customers whole for the portion of the units that they have been billed for to date through a combination of rate reductions and foregoing other costs (such as some 2024 storm and vegetation management costs).

The cost of these large temporary generation units will be removed from CenterPoint's Houston Electric rates once they leave the CenterPoint service area in the coming months. The average Houston Electric customer (who uses 1,000 kWh/month) will see a reduction in bills of an estimated $2/month related to this transaction by 2027.

The 15 units (ranging from 27MW to 32MW) can each power approximately 30,000 homes and were originally acquired to help protect customers against the impacts of extreme weather like Winter Storm Uri.

"All of us at CenterPoint work hard every day to find solutions that benefit our many different stakeholders. This proposal is an unprecedented contribution of value to the state at a key inflection point in the Texas energy market. This unique, commonsense, Texas-driven solution will reduce our customers' electric bills and address the state's projected power needs for the next few years. We want to especially thank the ERCOT board, and all our state and local elected leaders for their strong support as we continue to work together to finalize this smart and forward-looking solution that provides bill relief to our customers while helping meet the ever-growing energy needs of our vibrant Texas economy," said Jason Wells, President and Chief Executive Officer of CenterPoint Energy.

Working Together Toward a Commonsense, Texas-Focused Solution
Over the last six months, CenterPoint engaged in discussions with ERCOT staff, elected leaders and other parties on the role of large temporary generation units, which culminated in this unique proposal.

Important Facts: CenterPoint's Texas Solution for Emergency Generation Units
CenterPoint's leased 15 large emergency generation units will help provide up to approximately 450MW of power to be dispatched by ERCOT to serve Texans in the San Antonio region. Important facts related to the proposal include the following:

  • Lowering Bills for CenterPoint Customers: Costs associated with these units will start to come out of rates for Houston Electric customers in the coming months. Going forward, bills will be reduced by an estimated $2/month by 2027 (for the average customer) related to this transaction. This is based on an average customer who uses approximately 1,000 kWh. Final timing and agreement on the rate reduction must be approved by the Public Utility Commission of Texas in Spring 2025.
  • Supporting ERCOT/Texas Energy Needs: CenterPoint will send the 15 large (27MW -32MW) units to the Greater San Antonio area in the coming months. By Summer 2025, these units will be located at substations around San Antonio. These units will be available to serve ERCOT for up to two years.  This approximately two-year timeframe could be shortened if transmission projects planned in the South Texas area are completed ahead of schedule.
  • Helping Texas: The Texas-driven solution will provide critical generation capacity for the San Antonio region, avoiding the risk of possible shortfalls. 
  • Forgoing Revenue and Profit for Units: CenterPoint will receive no revenue or profit from the 15 large units for an up to two-year period based on the proposal with ERCOT.
  • Seeking Future Market Opportunities: After the up-to-two-year ERCOT service period, CenterPoint will seek future market opportunities, including sub-leasing these units to third parties.  CenterPoint will continue to not charge customers for these units relating to this future period.

CenterPoint's role in the Texas electricity market
CenterPoint is an electric transmission and distribution company in the Texas market. The company does not own any power plants in the state; does not generate any electricity in the state; and does not purchase electricity on behalf of customers in Texas. It also does not have any electric customers in Texas outside the 12-county Greater Houston area.

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, Louisiana, Minnesota, Mississippi, Ohio, and Texas. As of December 31, 2024, the company owned approximately $44 billion in assets. With approximately 9,000 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 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," "would" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding a potential transaction with ERCOT, future bill impacts, and future potential transactions regarding the large emergency generation units, 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 regarding future events 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 pandemics, including the COVID-19 pandemic; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; 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. Investors and others should note that we may announce material information using SEC filings and the Investor Relations page of our website, including press releases, public conference calls, webcasts. 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 to review the information we post on the Investor Relations page of our website. 

For more information, contact:
Communications
Media.Relations@CenterPointEnergy.com

SOURCE CenterPoint Energy

 Recent News

 

 
CenterPoint Energy to Activate Emergency Operations Center for All FIFA 2026 World Cup Matches Taking Place in Houston

​HOUSTON – June 12, 2026 – Today, CenterPoint announced it will activate its Emergency Operation Center (EOC) during each of Houston's seven FIFA World Cup 2026™ games scheduled between this Sunday, June 14 through July 4, as part of its overall preparedness efforts for this historic sporting event. In addition to activating its EOC on matchdays, CenterPoint will also be proactively pre-staging frontline crews and coordinating with the Host Committee, City of Houston officials and other local, state and federal agencies throughout the World Cup. CenterPoint's matchday actions build on its year-long preparations to support Houston hosting the global event, including completing nearly 700 electric resiliency projects — such as repairing or replacing equipment on all circuits providing power to World Cup priority locations across the Greater Houston area — and inspections of nearly 250 miles of natural gas pipelines across multiple key areas such as hotels, training facilities, airports and transit routes.

“Seven World Cup matches are like seven Super Bowls in a month, and our CenterPoint team and emergency response partners have been preparing for this incredible sporting event for well over a year. With the eyes of the world on our city and people travelling in from far and wide to cheer on their favorite team, we have a matchday gameplan and will be coordinating our response efforts through our Emergency Operations Center during each of these key events," said Jesus Soto, Executive Vice President and Chief Operating Officer, CenterPoint Energy.

CenterPoint Emergency Operations Activations: Houston World Cup Matches
CenterPoint will be activating its Emergency Operations Center during each match played at Houston Stadium on the following days:

  • Sunday, June 14, 12 p.m.: Germany vs Curaçao
  • Wednesday, June 17, 12 p.m.: Portugal vs Congo DR
  • Saturday, June 20, 12 p.m.: Netherlands vs Sweden
  • Tuesday, June 23, 12 p.m.: Portugal vs Uzbekistan
  • Friday, June 26, 7 p.m.: Cabo Verde vs Saudi Arabia
  • Monday, June 29, 12 p.m.: TBD vs TBD
  • Saturday, July 4, 12 p.m.: TBD vs TBD

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 system and support the City of Houston and all critical event locations. Among the critical actions taken include:

  • Completing Nearly 700 Resiliency Projects: Completing nearly 700 electric system projects around critical event venues and other priority locations to help strengthen reliability.
  • Inspecting Nearly 250 Miles of Natural Gas Pipeline: Completed additional gas facilities surveys across 140 miles of gas main piping and more than 100 miles of service line piping.
  • 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.
  • 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.

CenterPoint Energy Foundation awards more than 30 Community Safety Grants to strengthen Minnesota communities

​​MINNEAPOLIS – June 11, 2026 – The CenterPoint Energy Foundation awarded more than 30 Community Safety Grants for 2026 totaling approximately $75,000 to local governmental agencies and first responders across its Minnesota service area. The grants help fund vital safety equipment and projects to make a meaningful difference and enhance the quality of life for the communities and customers CenterPoint serves.

The CenterPoint Energy Foundation awards grants of up to $2,500 to eligible local governmental agencies to support community safety needs. Since launching the program in Minnesota in 2003, more than 1,200 grants have been awarded, funding projects to strengthen public safety and community wellbeing.

“At CenterPoint, safety is our top core value, and this drives every effort we take for the customers and communities we have the privilege of serving. We know safe communities are strong communities, and that's why we invest in programs to enhance the safety of the locations where we live and work," said Brad Steber, CenterPoint's Vice President of Minnesota Gas. “These grants help local leaders and first responders bring important safety projects to life to benefit our fellow Minnesotans. We are proud to support the men and women who work every day to keep our shared communities safe."

This year's grants support a wide range of projects, including installing public automated external defibrillators, upgrading emergency communication equipment, purchasing personal protective equipment for first responders, strengthening disaster preparedness efforts and investing in utility locating equipment.

Funded separately and financially independently from the utility, the CenterPoint Energy Foundation strives to be a catalyst for good by leveraging everyday opportunities and resources to increase the vibrancy in the communities it serves.  

To learn more about CenterPoint's commitment to the communities it serves, 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.

CenterPoint Energy Launches Multi-Week Series of “Community Connect” Open House Events Across Greater Houston

​HOUSTON — June 11, 2026 — Beginning on June 23rd and continuing through August, CenterPoint Energy will hold more than 13 “Community Connect" events in neighborhoods across Greater Houston. The local outreach events, which will include a range of CenterPoint team members and customer representatives, will provide opportunities for customers, community members and local leaders to learn more about ongoing reliability, resiliency and communications improvements, as well as efforts taken to prepare for the 2026 hurricane season.

“All of us at CenterPoint bear an important responsibility to serve our Greater Houston communities, and we are committed to building a more reliable and resilient electric grid for all our customers. Just as important is connecting with our customers, their families and friends, at a local level – where they live and call home – so they can all learn more about the important work we are doing in their neighborhood and across our great city. We hope every customer will take some time and join us, so we can answer their questions and hear how we can better serve them," said Keith Stephens, CenterPoint Senior Vice President and Chief Communications Officer.

Community Connect Events: Meet Local CenterPoint Team
The first Community Connect event will begin on Tuesday, June 23rd, at the Wesley Community Center, with additional events held every week across Greater Houston. During each local meeting, community members will be invited to visit a variety of informational stations, share feedback and ask one-on-one questions to CenterPoint experts and team members, as well as learn more about the various tools and resources available to stay better informed during periods of extreme weather and major storms. Among the areas that will be covered during each Community Connect event include:

  • Greater Houston Resiliency Initiative Updates: Actions taken as part of the multi-year GHRI program in their local neighborhoods;
  • Strengthening Resiliency & Reliability: Overall resiliency and grid improvements taken and planned across Greater Houston, as well as the targeted efforts to improve day-to-day reliability for every community;
  • Enhanced Communications Tools: Learning about how to best use the new neighborhood Outage Tracker, as well as one-on-one assistance on how to sign up for Power Alert Service®: to stay better informed about outages before, during and after a storm;
  • Storm Preparations: The scope of readiness and emergency preparedness actions taken to prepare for the 2026 hurricane season, including the opportunity to work with local organizations to develop personalized storm readiness plans;
  • Emergency Preparedness Resources: Providing customers with resources and tools to prepare for storms and extreme weather.

Calendar of Community Connect Events: Dates and Locations
Over the coming days and weeks, residents and neighbors, and small business and community leaders, will be invited to attend a local Community Connect event. The calendar of Community Connect events includes:

  • Tuesday, June 23 (10:00 AM – 12:00 PM): Wesley Community Center, 1235 Lorraine St. Houston, TX 77009
  • Thursday, June 25 (4:00 – 6:00 PM): Weekley Community Center, 8440 Greenhouse Rd. Cypress, TX 77433
  • Monday, June 29 (4:00 – 6:00 PM): Historic Galveston Water/Electric Community Center, 715 30th St. Galveston, TX 77550
  • Tuesday, June 30 (4:00 – 6:00 PM): Waller County Community Center, 21274 FM 1098 Prairie View, TX 77446
  • Tuesday, July 7 (4:00 – 6:00 PM): BakerRipley-Pasadena, 720 Fairmont Pkwy. Pasadena, TX 77504
  • Tuesday, July 7 (6:00 – 7:30 PM): Wharton County Library, 1920 N. Fulton St. Wharton, TX 77488
  • Tuesday, July 14 (4:00 – 6:00 PM): Decker Prairie Community Center, 32434 Decker Prairie Rd. Magnolia, TX 77355
  • Tuesday, July 21 (4:00 – 6:00 PM): Pearland Recreation Center, 4141 Bailey Rd. Pearland, TX 77584
  • Thursday, July 23 (4:00 – 6:00 PM): Landmark Community Center, 100 Louisiana St. Missouri City, TX 77489
  • Thursday, July 23 (4:00 – 6:00 PM): Chambers County Children Museum, 10955 Eagle Dr. Mont Belvieu, TX 77523
  • Tuesday, July 28 (5:00 – 7:00 PM): Clyde & Nancy Jacks Conference Center, 3232 Austin Pkwy. Sugarland, TX 77479
  • Thursday, July 30 (4:00 – 6:00 PM): Jimmy Walker Community Center, 800 Harris Ave. Kemah, TX 77565
  • Tuesday, August 4 (4:00 – 6:00 PM): Sealy Columbus Club, 1310 Highway 90 West Sealy, TX 77474

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.

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: