CenterPoint Energy Announces Updated Generation Plan that Prioritizes Customer Affordability, Reliability and Local Economic Growth
2025-10-27T05:00:00Z

​EVANSVILLE, Ind. – Oct. 27, 2025 – Today, CenterPoint Energy's Indiana electric utility announced its 2025 Integrated Resource Plan (IRP), a forward-looking 20-year generation roadmap that prioritizes customer affordability and reliable service while supporting potential local economic growth. This IRP leverages existing and planned generation resources to meet customers' energy needs while helping to minimize any rate increase in the near term for southwestern Indiana customers. The strategic plan is designed to mitigate future cost impacts of necessary critical investments on customers, with no potential rate adjustments anticipated to occur until 2029 or later. This plan follows the input of four public meetings and builds on CenterPoint's recent actions to prioritize energy affordability and reliability across southwestern Indiana.

“All of us at CenterPoint Energy are focused on prioritizing affordability for our Indiana customers, while continuing to provide the safe, reliable service that our customers expect and deserve. Our 2025 IRP is designed to support local economic growth and energy security and meet current generation needs with minimal additional resources, while prioritizing energy affordability for our customers. Above all, this IRP plan provides us with options to meet future increases in demand brought by regional economic growth. This customer-focused and flexible strategy reflects our commitment to balancing affordability, reliability and remaining well positioned to meet southwestern Indiana's long-term energy and economic needs," said Mike Roeder, President of CenterPoint Energy Indiana.

“The IRP also calls for the continuation of energy efficiency programs to help customers control their energy use to lower bills."

The 2025 IRP and Other Affordability Actions: $1 Billion in Renewables Cancelled
As part of this effort, CenterPoint has cancelled nearly $1 billion in non-economical generation projects, providing current and future savings of approximately $18 per month for residential customers plus additional avoided generation costs at this time. These affordability measures coincide with the announcement of a first phase of Community Affordability Actions designed to target keeping rates near or below inflation through 2027.

Among these additional and previous affordability actions are the following:

  • Two-Year Rates Stability: Starting in first quarter of 2026, stabilizing electricity bills by targeting to keep any rate change below or near the rate of inflation for the next two years, an action that equates to future savings for residential customer of approximately $18/month in avoided costs through 2027.
  • Offset October Rate Increase: Reducing bills by nearly $3/month for average residential customers by December 2025 through a combination of bill adjustments and credits, which will offset rate changes that took effect in October.
  • Customer and Community Engagement: Engaging with local customers, stakeholders and community leaders to listen, gather feedback and identify additional actions to prioritize affordability, while continuing to provide reliable power for southwestern Indiana customers.
  • Long-Standing Affordability Actions: Reducing profits as part of the recent rate case settlement; eliminating profits on an older, retired coal plant to reduce customer costs by approximately $5 per month since June 2023; and not having filed any formal base rate case in 14 years to increase electric base rates.

2025 IRP: Affordably Ensuring Southwestern Indiana's Generation Needs
The 2025 IRP was developed with collaborative stakeholder and expert input, and it builds on recent steps to transition the company's electric generation mix, including retiring or exiting more than 70% of the coal fleet that it operates (approximately 700 MW) and increased investments in renewable and natural gas resources. CenterPoint remains positioned for future demand with approximately 1.1 GW of new generation expected by 2026, more than 60% of which is expected to come from renewable resources.

Since the previous 2022-2023 IRP, CenterPoint has taken the following steps to advance its energy transition:

  • Coal Retirement: Retired two coal-fired units at A.B. Brown and exited joint ownership of coal-fired Warrick Unit 4. The company is on track to suspend operation of the coal-fired F.B. Culley Unit 2 at the end of 2025. The IRP outlines continued operations of F.B. Culley 3 in the near term. Its future will be reassessed in the next IRP.
  • Renewables and Natural Gas-Fired Generation: Brought online two 230 MW natural gas combustion units at A.B. Brown and a 191 MW solar array in Posey County, as well as gained approval for new renewable projects outlined in the previous IRP.
  • Energy Efficiency: Initiated demand-side programs through its 2025-2027 Demand Side Management Plan. 

CenterPoint has also taken a series of steps to limit near-term capital investments in certain generation projects that would increase customer bills. These steps included pausing the proposed natural gas conversion of F.B. Culley Unit 3 and the cancellation of nearly $1 billion in non-economical renewable projects, saving customers approximately $18 per month in current and future costs.

2025 IRP: Strategic Flexibility to Meet Future Demand
The 2025 IRP preferred portfolio also positions CenterPoint to respond to potentially significant new commercial and industrial demand for electricity. As part of the planning process, the company developed an alternate preferred portfolio to support scalable system expansion, including potential combined cycle upgrades at A.B. Brown. This approach helps enable CenterPoint to accommodate potential new load growth, while working to minimize cost impact to customers.

CenterPoint Energy provides safe, reliable energy to homes and businesses across Southwestern Indiana, delivering electricity to approximately 150,000 customers in all or portions of Gibson, Dubois, Pike, Posey, Spencer, Vanderburgh and Warrick counties. CenterPoint will be submitting the final IRP to the Indiana Utility Regulatory Commission in early December. To learn more, visit CenterPointEnergy.com/IRP.


About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of June 30, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward-Looking Statements

This news release 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 the 2025 Integrated Resources Plan, expected customer rates and rate impacts, and Indiana Electric's generation portfolio 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, and other than as required under applicable securities laws, CenterPoint Energy does not assume any duty to update or revise forward-looking statements. 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) actions by credit rating agencies, including any potential downgrades to credit ratings; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory, executive and legislative decisions and actions; 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 CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025, June 30, 2025 and September 30, 2025 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission (“SEC"). You are cautioned not to place undue reliance on CenterPoint Energy's forward-looking statements.

Investors and others should note that CenterPoint Energy may announce material information using SEC filings and the Investor Relations page of its website, including press releases, public conference calls, webcasts. In the future, CenterPoint Energy 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 CenterPoint Energy posts on its website could be deemed material; therefore, CenterPoint Energy encourages investors to review the information CenterPoint Energy posts on the Investor Relations page of its website.


 Recent News

 

 
CenterPoint Energy monitoring and prepared for cold front with strong winds across Greater Houston area

​​Wind gusts in 35 – 45+ mph range forecasted to impact Greater Houston area Sunday night into Monday morning

Enhanced frontline workforce prepared and ready to respond to potential impacts on system

HOUSTON – March 14, 2026  – CenterPoint Energy is monitoring and prepared for an incoming cold front forecasted to impact the Greater Houston area Sunday night and Monday morning, bringing with it strong winds with potential guts in the range of 35 – 45+ mph. The company's enhanced workforce of more than 900 CenterPoint frontline workers is prepared to respond to any impacts on electric service. CenterPoint continues to communicate and coordinate with local government officials ahead of Sunday's forecast.

During this week's storms, approximately 97.5% of CenterPoint's 2.9 million customers across the Greater Houston area had uninterrupted service. Customers who experienced storm-related outages were restored on average within approximately 54 minutes. The vast majority of customers were restored within 3 hours or less.

“As a cold front is expected to move through the area, our CenterPoint team has been monitoring the potential for strong winds with gusts of at least 35 – 45+ mph or higher across our service territory," said Matt Lanza, CenterPoint's Manager of Meteorology. “Our crews are prepared for the possibility of another round of very strong winds starting Sunday evening, and our frontline workers stand ready to respond. We will continue to actively monitor for any severe weather and urge our customers to stay alert in anticipation of quickly changing weather conditions."

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

  • Readying t​he company's workforce and resources:More than 900 personnel remain ready to support potential restoration efforts throughout the week.
  • 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 providing updates to local officials and emergency management partners.

What customers should do:

About CenterPoint Energy, Inc.  
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving more than 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of December 31, 2025, the company had approximately $46.5 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

CenterPoint Energy continues monitoring severe weather and remains prepared as additional storms forecast for southwestern Indiana

​​​CenterPoint's electric infrastructure performed well and had minimal customer impacts during this week's storms and stands ready for another round of severe weather expected Sunday 

Customers encouraged to stay safe and maintain emergency plans

EVANSVILLE, Ind. – March 13, 2026 – CenterPoint Energy is monitoring another round of potentially severe thunderstorms forecast to move through southwestern Indiana on Sunday. According to the National Weather Service, damaging winds, heavy rain and isolated tornadoes are possible Sunday afternoon through the evening hours.

The company has remained in a heightened posture since storms moved through the region on Tuesday and Wednesday. CenterPoint is preparing crews and coordinating with local government officials ahead of Sunday's forecast.

During this week's storms, the company's electric system performed well with minimal outages that peaked at approximately 900 customers out of the approximately 154,000 electric customers CenterPoint serves in the region.

“More than 99% of our customers had uninterrupted service during this week's storms, and we remain fully prepared as another system moves into our area," said Mike Roeder, President of CenterPoint Energy Indiana. “Our teams stand ready to respond."

CenterPoint encourages customers to prepare for severe weather: 

  • Track outages: Bookmark Outage Tracker (available in English and Spanish and mobile-friendly) to see the latest outage information.
  • Stay safe: Visit Ready.gov for storm safety tips. 
  • ​Follow us: Real-time updates will be available on X and at CenterPointEnergy.com/ActionCenter. ​

CenterPoint Energy offers expanded support for southwestern Indiana customers as state’s winter disconnection moratorium ends

​EVANSVILLE, Ind. – March 12, 2026 – As part of its commitment to affordability and supporting our local communities, CenterPoint Energy is encouraging customers to take advantage of available payment options, assistance programs and one-on-one support ahead of Indiana's winter disconnection moratorium ending on March 15.

Under Indiana law, customers who receive Energy Assistance Program (EAP) assistance or who are eligible and have applied for the program are protected from service disconnection between December 1 and March 15. As that protection period ends, CenterPoint wants customers to know that help is available and that reaching out is the first step. The company has taken a series of steps over the past year to expand resources and support available to customers managing energy costs.

“We know that affordability is the top issue for many of our customers and we want you to know that there are resources available to help you manage your energy use and bills. Please reach out to us," said Mike Roeder, President of CenterPoint Energy Indiana. “Our teams are here to help and work with you. We can connect you with assistance programs, set up a payment plan or help you find ways to reduce your energy costs. The sooner you reach out, the sooner we can help you find a path forward."

Steps customers can take now

Financial assistance programs are available to help customers manage energy costs:

  • ​Payment arrangements: Allow customers who are having difficulty paying their bill in full to set up a plan to pay in smaller increments over time
  • Energy Assistance Program: Provides financial help to income-eligible households and is accepting applications through April 20, 2026
  • Universal Service Fund: Helps natural gas customers who have received EAP save between 15% and 32% on their bills through May 31.
  • Township trustee assistance: Available year-round, with eligibility and support levels determined by local trustee offices

Customers can also sign up for Budget Bill to level out monthly payments, schedule a no-cost Home Energy Assessment or visit the Online Energy Efficiency Store to access discounted energy-saving products.

More ways to connect and get help

As part of its ongoing commitment to affordability, CenterPoint has made it easier for customers to connect and find support. Guided by direct feedback from customers and stakeholders, the company has expanded resources across southwestern Indiana, including:

  • One-on-one support through Community Connect events happening throughout the region
  • A redesigned Customer Resource Hub, making it simpler to find billing support, assistance programs and energy-saving resources in one place

The next Community Connect event is scheduled for March 18 at CenterPoint Energy Plaza, 211 NW Riverside Drive in Evansville, from 10 a.m. to 2 p.m., where customers can meet with CenterPoint team members and get help with any of the programs and resources listed above.

For more information or to explore available resources, customers can visit CenterPointEnergy.com/ResourceHub or call 1-800-227-1376.

Ongoing commitment to affordability

In October 2025, CenterPoint launched its initial series of Community Affordability Actions, including the CenterPoint Energy Foundation's $5 million Community Energy Improvement Fund. Since then, the company has introduced additional bill management tools, expanded customer support programs and implemented additional protections as part of the Indiana Electric rate case settlement – such as annual late-fee waivers upon request, reduced reconnection fees and safeguards for medically vulnerable customers. Additional customer resources are expected to be announced in the coming weeks.

CenterPoint Energy offers support for Indiana customers as state’s winter disconnection moratorium ends

INDIANAPOLIS – March 12, 2026 – CenterPoint Energy is encouraging customers to take advantage of available payment options, assistance programs and one-on-one support ahead of Indiana's winter disconnection moratorium ending on March 15.

Under Indiana law, customers who receive Energy Assistance Program (EAP) assistance or who are eligible and have applied for the program are protected from service disconnection between December 1 and March 15. As that protection period ends, CenterPoint wants customers to know that help is available and that reaching out is the first step.

“We know that affordability is the top issue for many of our customers and we want you to know that there are resources available to help you manage your energy use and bills. Please reach out to us," said Mike Roeder, President of CenterPoint Energy Indiana. “Our teams are here to work with you. We can connect you with assistance programs, set up a payment plan or help you find ways to reduce your energy costs. The sooner you reach out, the sooner we can help you find a path forward."

Steps customers can take now

Financial assistance programs are available to help customers manage energy costs:

  • Payment arrangements: Allow customers who are having difficulty paying their bill in full to set up a plan to pay in smaller increments over time
  • Energy Assistance Program: Provides financial help to income-eligible households and is accepting applications through April 20, 2026
  • Universal Service Fund: Helps natural gas customers who have received EAP save between 15% and 32% on their bills through May 31
  • Township trustee assistance: Available year-round, with eligibility and support levels determined by local trustee offices

Customers can also sign up for Budget Billing to level out monthly payments or visit the Online Energy Efficiency Store to access discounted energy-saving products.

For more information or to explore available resources, customers can visit CenterPointEnergy.com/ResourceHub or call 1-800-227-1376.​​

Less than 2.5% of CenterPoint Energy customers impacted during midweek storms

Average restoration for a customer was about 54 minutes, with the vast majority of customers restored in 3 hours or less 

 

Essentially all customers impacted by Wednesday afternoon’s storms have now been restored, with crews working diligently to restore remaining 700 customers 

 

 Frontline workers and contractors supported ongoing restoration and continue responding to localized outages 

  

HOUSTON – March 11, 2026 – After Wednesday afternoon’s storms traveled across CenterPoint Energy’s electric service territory, approximately 2.5% of its 2.9 million customers across the Greater Houston area experienced impacts to electric service during the weather event. With more than 70,000 customers impacted since storms started to move through the area around noon, approximately 69,000 customers have been restored since the storms arrived this afternoon. As of 9:45 p.m., approximately 700 customers are currently without power. 

 

The company's Emergency Operation Center was activated ahead of the storms, and more than 1,400 frontline workers and contractor crews 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 54 minutes, and the vast majority of customers were restored in 3 hours or less. 

 

The company is expected to return to normal operations tomorrow morning. 

 

“Severe weather and storms are something we prepare for year‑round, and our crews train continuously so we’re ready ahead of the storms reaching our communities,” said Jason Fabre, CenterPoint’s Vice President, Special Response Team and Incident Commander. “We understand how disruptive any outages can be, and our crews work safely and as quickly as possible until every customer is restored. We will monitor the weather the rest of the night and be prepared to respond immediately to any additional outages.” 

 

CenterPoint took the following actions for today’s event: 

 

  • Deployed the company's resources: Had 1,400 personnel 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 Tuesday and remained ready to respond. 
  • Monitored weather 24/7: The Meteorology team continues to track forecast developments, and the company is updating response plans as conditions evolve. 
  • Pre-positioned resources: Response teams were pre-positioned in areas where storms were forecasted to impact and remain 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.   
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving more than 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of December 31, 2025, the company had approximately $46.5 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.  ​

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