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 completes vast majority of restoration efforts in Carlos and Alexandria

  • Majority of service restored in less than 24 hours 
  • Remaining locations include seasonal cabins and commercial businesses 
  • City Hall remains staging area  ​

MINNEAPOLIS — Dec. 5, 2025 — CenterPoint Energy has completed the vast majority of its restoration efforts for the natural gas outage impacting customers in the Carlos and Alexandria areas following yesterday’s third-party vehicle strike to an above-ground natural gas regulator station near Carlos. 

 

In less than 24 hours, CenterPoint Energy crews responded to the emergency, assessed the major damage, made repairs, and restored the majority of necessary services. As of this morning, service has been restored to nearly all impacted customers, with only a limited number of remaining locations—a mix of commercial businesses and seasonal cabins—awaiting relight. Crews will complete these remaining relights today, with businesses expected to be restored promptly this morning as daylight hours allow easier access and coordination. 

 

As of 8 a.m., Carlos City Hall is no longer serving as a warming center but will remain the staging area for restoration crews until all work is complete. CenterPoint Energy extends its sincere thanks to Douglas County, the City of Carlos, the Carlos Fire Department, and the many community members who have stepped up to provide food, supplies, and support throughout this restoration effort. Their efforts and generosity have been invaluable in helping impacted customers stay safe and warm. 

 

Safety remains CenterPoint Energy’s core value, and all personnel are working to keep safety at the forefront during the repair and restoration process. If you smell natural gas, leave immediately on foot. Once safely away from the area, report the possible natural gas leak to 911 and to CenterPoint Energy at 800-296-9815. 

 

CenterPoint Energy appreciates the continued patience and support of its customers and communities as it finalizes its work to safely restore service as quickly as possible. 

CenterPoint Energy submits Indiana generation plan to prioritize long-term reliability, economic growth and customer affordability

EVANSVILLE, Ind. – Dec. 5, 2025 – CenterPoint Energy’s Indiana Electric business today submitted its 2025 Integrated Resource Plan (IRP) with the Indiana Utility Regulatory Commission (IURC) that focuses on customer affordability while also providing reliable service now and in the future across southwestern Indiana. The 2025 IRP, which was developed following a series of public meetings and stakeholder discussions since March 2025, is a vital strategic roadmap that defines the appropriate mix of generation required to meet the region’s future energy needs and support potential economic growth, while also prioritizing customer affordability.

“We have listened closely to stakeholders across southwestern Indiana and worked together to address our customers’ and the community’s future energy needs and priorities. Our 2025 IRP reflects this shared focus on reliability and affordability for the Hoosier families we are privileged to serve. Most importantly, it provides a flexible path forward to support southwestern Indiana’s energy and economic needs for decades to come,” said Mike Roeder, President of CenterPoint Energy Indiana.

2025 IRP: Key Benefits for Southwestern Indiana
CenterPoint’s 2025 IRP is a forward-looking, 20-year generation plan, which all Indiana electric utilities are required to submit to the IURC. As part of a commitment to build a more reliable, safer and affordable energy future, CenterPoint’s 2025 IRP includes the following key provisions and benefits for its 150,000 electric customers across southwestern Indiana:

  • Limits near-term rate impacts. Helps minimize any rate increase in the near term for southwestern Indiana customers.
  • Uses existing and planned resources. Leverages existing and previously approved generation resources to meet customers’ energy needs.
  • Defers higher-cost projects. Delays moving forward on certain higher-cost projects that would increase near-term customer bills.
  • Provides flexibility for future growth. Includes an alternate preferred portfolio to support scalable system expansion to help accommodate potential new load growth while working to minimize impact to existing customers.
  • Provides current and future customer savings. As part of CenterPoint’s affordability efforts, includes cancellation of nearly $1 billion in non-economical renewable projects, saving customers approximately $18/month in current and future costs.

2025 IRP: Engaged with Stakeholders to Incorporate Varying Perspectives
Throughout the planning of its 2025 IRP, CenterPoint has worked closely with stakeholders across southwestern Indiana and the state. The new IRP addresses stakeholder and community feedback and helps achieve a realistic and responsible generation resource plan that best serves southwestern Indiana’s energy future. The scope of local outreach and public engagement efforts included:

  • Holding four public stakeholder meetings, with in-person and virtual options, bringing together customers and representatives from more than 30 organizations to share feedback and discuss local needs and priorities.
  • Responding to various stakeholder requests and questions through public meetings and technical sessions and using that feedback to help refine the plan.
  • Using stakeholder input to refine elements of the planning process by incorporating varying perspectives to develop a well-rounded plan.

As part of the ongoing regulatory process, the IURC and stakeholders will review the IRP and provide additional feedback. CenterPoint will continue to engage customers, local and state officials and community organizations as it implements the plan and its previously announced affordability actions. To view the 2025 IRP and related documents, visit CenterPointEnergy.com/IRP.

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 September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 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 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, such as CenterPoint Energy's ability to execute on the proposed plan, the anticipated benefits of the plan (including in relation to reliability, economic growth and affordability), the amount and expected impact to rates and customer's bills, and any other statements 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) business strategies and strategic initiatives, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; 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.
CenterPoint Energy assessing damage caused by vehicle hitting its natural gas infrastructure near Carlos, Minnesota

MINNEAPOLIS — DEC. 4, 2025 — CenterPoint Energy crews are responding to a vehicle hitting its above ground natural gas regulator station near Carlos, Minnesota. This vehicle strike by a third-party unrelated to the company is expected to cause an outage for approximately 525 customers in the Carlos and Alexandria area.

With below zero temperatures expected today and ongoing cold over the coming days, CenterPoint wants to assure customers that the company will work quickly to safely make repairs and restore service as soon as possible. The company encourages customers to use their personal emergency plan to stay safe and warm today and potentially overnight.

CenterPoint is assessing the damage to its system and is working with local officials and emergency first responders to make the area safe. The company is working to repair its infrastructure safely and as quickly as possible to minimize the number and duration of outages. Currently, the company expects that efforts to repair its system and restore affected customers could continue into tomorrow, Dec. 5, 2025.

Safety is CenterPoint's core value, and the company works to keep safety at the forefront during all repairs. If you smell natural gas, leave immediately on foot. Once safely away from the area, report the possible natural gas leak to 911 and to CenterPoint at 800-296-9815.

CenterPoint appreciates the community's patience as it works to repair its system. 
​

CenterPoint Energy working with the City of Carlos to temporarily turn City Hall into a warming center

​​MINNEAPOLIS — DEC. 4, 2025 — CenterPoint Energy crews have been working diligently to repair damage to its above ground natural gas regulator station near Carlos, Minnesota caused by a vehicle strike by a third-party unrelated to the company. Approximately 525 customers are experiencing outages in the Carlos and Alexandria areas.

Starting at 1 p.m. today and continuing into tonight, Carlos City Hall, located at 109 First Street West, Carlos, will be available for area residents as a warming center, and CenterPoint staff will be on site to provide space heaters to affected customers. The company reminds customers to use their personal emergency plan and these resources at Carlos City Hall to stay safe and warm today and potentially overnight.

CenterPoint has secured the area and is repairing its infrastructure safely and as quickly as possible. As part of this process, the company will go to each affected location to turn off natural gas meters. The company expects efforts to restore affected customers could continue into tomorrow, Dec. 5, 2025.

Safety is CenterPoint's core value, and the company works to keep safety at the forefront during all repairs. If you smell natural gas, leave immediately on foot. Once safely away from the area, report the possible natural gas leak to 911 and to CenterPoint at 800-296-9815.

CenterPoint appreciates the community's patience as it works to repair its system. 

CenterPoint Energy crews continuing work to restore service to customers in Carlos and Alexandria currently following third-party vehicle collision

Carlos City Hall at 109 First Street West remains open as a warming center; CenterPoint team members are at City Hall providing space heaters to impacted customers. 

MINNEAPOLIS — DEC. 4, 2025 — CenterPoint Energy crews have completed repairs to the above-ground natural gas regulator station near Carlos, Minn., that was damaged by a vehicle strike by a third-party unrelated to CenterPoint. Crews are working safely and as quickly as possible to restore service to approximately 525 customers experiencing a natural gas outage in the Carlos and Alexandria areas and will begin the process to relight appliances at each impacted customer's location.

CenterPoint has more than 50 technicians on the scene actively supporting restoration efforts for customers experiencing a natural gas outage, and it currently expects to restore all customers who can safely receive service by the end of day tomorrow, Dec. 5, 2025.


Important Information for Customers

To restore service, technicians go door-to-door to perform a necessary safety check prior to conducting relights on each natural gas appliance in a customer's home or business. An adult 18 or older must be at the location when a technician arrives. All technicians and contractors wear ID badges and show them on request.

CenterPoint is encouraging impacted customers to activate their emergency plans and leverage available resources to stay safe and warm today and potentially overnight. Carlos City Hall, located at 109 First Street West, Carlos, remains open for area residents until 9 p.m. as a warming center, and CenterPoint staff will remain on site to provide space heaters to affected customers.

Safety is CenterPoint's core value, and all CenterPoint personnel work to keep safety at the forefront during the repair and restoration process. If you smell natural gas, leave immediately on foot. Once safely away from the area, report the possible natural gas leak to 911 and to CenterPoint at 800-296-9815.

CenterPoint appreciates the continued patience and support of its customers and communities as it works to safely restore service as quickly as possible.