CenterPoint Energy renews commitment to keep its Indiana Electric rates stable through 2027; Completes final phase of first rate case since 2009
2026-03-02T06:00:00Z

Completed rate case, phased in over 13 months, supported historic, decade-long infrastructure improvements, and has already reduced outage frequency and duration in 2025
 
Final phase of rate case will result in increase of approximately $6.86 per month for residential customers, impact to decrease to less than $4.50 per month 

EVANSVILLE, Ind. – March 2, 2026 – CenterPoint Energy today reaffirmed its commitment to keeping electric base rates stable for southwestern Indiana customers through 2027, as it concludes the final phase of the first rate case brought forward by the company since 2009. The 2023 rate case, which was approved by the Indiana Utility Regulatory Commission (IURC) in February of last year, supported a historic series of critical, decade-long infrastructure investments and reliability improvements across the southwestern Indiana region. To date, these critical system improvements strengthened overall reliability by reducing outage frequency by nearly 10%, and shrinking outage duration by 14%, over the last year alone.

“Our highest priority is continuing to deliver safe, reliable power that our southwestern Indiana customers expect and deserve. Today we are reaffirming our commitment to keeping rates stable through 2027, while recognizing the importance of investing in the region's electric system that will continue to deliver meaningful improvements to reliability, resiliency and safety to our Hoosier customers, their families and our local businesses," said Mike Roeder, President of CenterPoint Energy Indiana.​

Investing In Indiana: Strengthening reliability and resiliency

The 2023 rate case supported a series of critical investments in reliability and resiliency. These actions include:

  • Upgrading 11,000+ new and stronger poles, transmission towers and enhancing related infrastructure to ensure better reliability and resiliency
  • Clearing 7,000+ miles of vegetation to reduce storm-related outages
  • Deploying 159,000+ smart meters to improve restoration times and give customers more control of their energy usage
  • Adding more than 650 MW of new generation in Posey County with 460 MW of natural gas generation and 191 MW of solar to reliably serve the region for decades to come

To date, the series of investments made over the last decade has improved overall reliability by:

  • Preventing 8 million outage minutes since 2021
  • Reducing the frequency of outages nearly 10% over the last 12 months
  • Lowering the duration of outages by 14% over the last 12 months
  • Achieving a 23% decrease in customers experiencing four or more outages in a year
  • Reducing the average frequency of outages by 44% since 2011
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Final phase of 2025 rate case
Today, CenterPoint submitted its final rate case adjustment that funded these critical reliability investments and improvements over several years, resulting in a final increase, beginning in March of 2026, of approximately $6.86 per month for the average residential customer that uses 799 kWh. As part of its affordability commitments, CenterPoint estimates that this initial increase will be reduced by approximately $2.45 in the spring of this year following the approval of a rate case-related rider adjustment, translating into a total rate case adjustment for this final phase of approximately $4.41 per month. As previously outlined, CenterPoint has made a commitment to keep electric base rates stable for southwestern Indiana customers this year and next year.

Taking Action to Prioritize Customer Affordability
As part of its commitment to customer affordability initially announced in fall of 2025, CenterPoint continues to prioritize a series of Community Affordability Actions to reduce rate impacts, promote energy and cost savings programs for customers and support local community development. Among these important actions include:

  • Keeping rates stable through 2027
  • Canceling nearly $1 billion in generation projects, resulting in customers saving approximately $18 per month through 2027
  • Saving customers $5 monthly through implementing the only securitization pilot in the state beginning in 2023

“We will continue to be available to customers through our upcoming Community Connects to continue the conversation and listening to the community," Roeder said. “We know these bills are not easy to manage and I want to build on what we heard last fall and continue to make incremental improvements based on feedback."

Customer support programs and resources

Financial assistance and cost and energy saving programs and resources are available to CenterPoint customers, including seasonal energy assistance programs, subsidized rates, payment plans and rebates. Customers looking for help managing energy costs can visit the Customer Resource Hub at CenterPointEnergy.com/ResourceHub or call 1-800-227-1376 to learn more about these programs and resources.

 Recent News

 

 
CenterPoint Energy’s 2026 Greater Houston Resiliency Initiative (GHRI) first quarter milestones bring strengthened reliability and resiliency to Greater Houston electric customers and communities

​HOUSTON, April 17, 2026 – Today, CenterPoint Energy announced key first quarter progress in achieving its 2026 milestones for the company's Greater Houston Resiliency Initiative (GHRI), a multi-year effort to strengthen resiliency and improve reliability for its 2.9 million electric customers and help build the most resilient coastal grid in the nation.

Building upon the historic GHRI progress achieved to date, in the first quarter of 2026, CenterPoint has installed 10,000+ storm resilient poles, cleared 1,600+ miles of higher-risk vegetation, completed 99 miles of power line undergrounding, and hardened 220+ miles of power lines. With these reliability improvements, CenterPoint is well on its way to achieving its 2026 GHRI goals, which include: installing 35,000 stronger, storm-resilient poles, clearing high-risk vegetation from 8,000 miles of power lines and hardening 500 transmission structures against storms. By the end of 2026, these infrastructure improvements are expected to improve day-to-day reliability for customers, reduce the impact of storm-related outages and save customers from experiencing over 50 million outage minutes this year.

“We are proud of the progress made in 2025 which helped deliver more than 100 million fewer outage minutes when compared to 2024, and we are determined to make even more progress in 2026 as we work toward our defining goal: building the nation's most resilient coastal grid. To date, we are ahead of schedule in making critical 2026 GHRI improvements, and we will continue to build the stronger, smarter infrastructure necessary to further improve systemwide reliability and strengthen resiliency, reducing the likelihood and impact of outages for our customers," said Nathan Brownell, CenterPoint's Vice President of Resilience and Capital Delivery.

2026 GHRI: key resiliency actions & goals
Throughout 2026, all across the greater Houston area, CenterPoint will be undertaking a series of GHRI-related actions to improve resiliency for its customers. Among the actions include:​

2026 GHRI Actions​​

Launch of Community Progress Tracker
To help keep CenterPoint's 2.9 million Greater Houston-area customers better informed about the GHRI reliability and resiliency actions taken since 2024, the company recently launched the Community Progress Tracker, a new web-based map that provides direct access for customers to track progress on infrastructure improvements in their neighborhood. As part of its ongoing commitment to the community, CenterPoint will also be hosting a series of community meetings to share more information on 2026 GHRI actions, as well as engage directly with customers on how to further improve their service.

For more information about GHRI and CenterPoint's actions to strengthen the system on behalf of its customers, visit CenterPointEnergy.com/TakingAction.

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.
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CenterPoint Energy appoints Michael A. “Casey” Herman to Board of Directors

​HOUSTON — April 16, 2026 — As part of the ongoing refreshment process of its Board of Directors, CenterPoint Energy (NYSE: CNP) today announced that its shareholders elected a new Director, Michael A. (“Casey") Herman to its Board, effective April 16, 2026. Herman brings decades of audit, governance, and finance strategy experience in the electric and gas utility industries to CenterPoint's Board.

Herman is a senior industry executive with deep experience leading complex audits and providing consulting services for companies across the utility sector, including his 10 years of leading the U.S. Utility & Power Sector and Sustainability practices at PricewaterhouseCoopers (PwC). He has also served as a C-suite advisor and member of several utility industry-related boards, including as Chair of the Electric Power Research Institute's (EPRI) Advisory Committee and a member of the Edison Electric Institute's (EEI) Wall Street Advisory Group. He is a licensed Certified Public Accountant in Illinois and Louisiana.

“Casey is a well-respected thought leader in our industry having served numerous companies in the investor-owned utility space and he has a wealth and variety of experience that will greatly benefit CenterPoint's Board," said Jason P. Wells, Chair of CenterPoint's Board of Directors. “He brings decades of governance, audit, strategic planning, and long-term financing strategy expertise, especially when it comes to driving long-term strategic plans for Fortune 500 companies. We could not be more pleased to have him join us at this time."

Consistent with its growth-focused strategy and 10-year, $65.5 billion capital investment plan, CenterPoint continues to deliver on its objective to invest in the resilience, reliability and safety of its system and to fuel the company's long-term growth potential, for the benefit of its customers and communities across the service areas it serves.

Regarding his appointment, Herman said, “I am honored to be joining CenterPoint's Board and bringing my perspective to the table. As we all work together to support the company's goals of building and operating the most resilient coastal grid in the in the nation and the safest gas system in the country, I look forward to leveraging my experience and providing insights to the Board to help advance the company's long-term strategy."

About Michael A. “Casey" Herman
A former senior partner at PricewaterhouseCoopers, Casey Herman brings nearly four decades of experience advising companies across the energy, utility, and power sectors. During his tenure at PwC, he served as U.S. Utility and Power Sector Leader, where he led complex audits and provided strategic advisory services to Fortune 500 utility and energy companies. A licensed certified public accountant, Casey served as lead engagement partner for numerous large external audits, providing deep expertise in financial reporting, regulatory compliance, and SEC filings.

Casey holds a Bachelor of Science in Management from the A.B. Freeman School of Business at Tulane University where he also sits on the board. He also serves on the board of Dragos, Inc., a provider of cybersecurity for operational technology in the energy and industrial sectors.

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.
 
Forward-Looking Statement

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" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding our strategic, growth and capital plans, longer-term resiliency plans, and future performance and financial results, 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 or the date that such statement is made, as applicable. 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; (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, 2025 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.  ​​​

CenterPoint Energy celebrates National Lineman’s Appreciation Day by honoring frontline workers and their critical role in delivering safe, reliable energy to communities across southwestern Indiana

​EVANSVILLE, Ind. — April 17, 2026 — Observed annually on April 18, by designation of the United States Congress, the nation recognizes the profession of linemen and expresses support for the brave men and women who serve as frontline electric workers across the country. These highly skilled professionals serve their communities year-round through extreme heat, severe cold and challenging conditions to deliver safe and reliable electric service every day. Beyond serving their local areas, linemen also answer the call for mutual assistance from utilities across the country, traveling to the hardest-hit areas to help restore power following hurricanes, wildfires, tornadoes, winter storms and other major weather events and natural disasters.

“National Lineman's Appreciation Day gives us the opportunity to recognize our remarkable and highly trained professionals who keep our system operating safely and reliably," said Shane Bradford, Vice President of CenterPoint's Indiana Electric Business. “From strengthening infrastructure and restoring power after severe weather, our linemen are the backbone of safe and reliable electric service in southwestern Indiana."

CenterPoint's Evansville frontline electric workers serve approximately 154,000 metered customers across 6 counties in southwestern Indiana, maintaining approximately 1,050 circuit miles of transmission lines and approximately 7,170 miles of distribution lines. In addition to installing, maintaining and repairing electric infrastructure such as transmission towers, distribution poles, substations, transformers and wires, these linemen also educate the public on electric wire safety and adhere to rigorous safety standards to protect themselves and the communities CenterPoint serves.

In 2025, these men and women played a critical role in helping the company improve on key measures, including:

  • Fewer outages: The average number of outages customers experienced dropped by nearly 10% compared to 2024, continuing a trend of year-over-year improvement since 2022.
  • Shorter outages: When outages did occur, the system's average duration decreased by 14%, meaning power was restored sooner for customers across the service territory.
  • Fewer repeat outages: The number of customers who experienced four or more outages in a year dropped by 10%, driven by a targeted program that identifies areas with repeated outages and prioritizes improvements.

Additionally, outage minutes attributed to equipment failure have dropped 57% since 2019 as the company has continued to replace and upgrade infrastructure through its grid modernization program.

Ongoing commitment to customers

CenterPoint's prudent investments in reliability are part of a broader commitment to southwestern Indiana customers that includes prioritizing affordability. Over the past year, the company has taken a series of actions to manage costs for customers, including cancelling nearly $1 billion in generation projects that were no longer economical, saving residential customers approximately $18 per month in avoided costs through 2027.​

CenterPoint Energy expands affordability efforts with no-cost smart thermostats to help southwestern Indiana customers

​​EVANSVILLE, Ind. – April 16, 2026 – As part of its continued focus on customer affordability, CenterPoint Energy customers can lower their energy usage by ordering a smart thermostat at no cost through the company's Online Energy Efficiency Store, with eligible rebates applied automatically at checkout.

How smart thermostats help customers save
Smart thermostats give customers more control over their cooling and heating by allowing them to:

  • Set schedules based on daily and weekly routines
  • Adjust temperatures remotely
  • Track cooling and heating activity to identify ways to save

“Our customers have told us managing energy costs is their top priority. That is why we are focused on helping them take control of their energy use and lower their bills," said Mike Roeder, President of CenterPoint Energy Indiana. “A smart thermostat is one of the most practical steps a customer can take to start saving, and it's one of the many ways we're working to help customers manage their energy costs."

According to the U.S. Environmental Protection Agency, ENERGY STAR certified smart thermostats save an average of 8% on cooling and heating costs annually.

Customers can also monitor their overall energy use through CenterPoint's mobile app, available for free in the Apple App Store and Google Play Store, to identify usage patterns and find additional ways to save.

Bill credits through Smart Cycle
CenterPoint Indiana Electric customers who have a smart thermostat can take an additional step to lower their bills by enrolling in Smart Cycle, a voluntary program that provides bill credits while helping support grid reliability during periods of high demand.

Enrolled customers can earn:

  • A one-time $75 credit after registering​
  • A $7.50 monthly bill credit across the nine-month season from March through November ($67.50 total)

That’s up to $142.50 in potential first-year savings per device, on top of the cooling and heating savings a smart thermostat provides.

Customers can check eligibility and enroll at CenterPointEnergy.com/SmartCycle.

Additional offerings through the Online Energy Efficiency Store
The Online Energy Efficiency Store offers customers multiple ways to reduce energy costs. The store also offers discounted LED lighting and water-saving fixtures. For a limited time, customers who purchase a qualifying dehumidifier will receive a free tabletop air purifier while supplies last.

Customers can browse all available products and seasonal deals at CenterPointEnergy.com/Shop.

Continued focus on customer affordability
CenterPoint's Online Energy Efficiency Store, launched in November 2024, is one of several resources available to help customers manage energy costs. Since announcing its initial Community Affordability Actions in October 2025, the company has continued to expand programs and bill management tools for southwestern Indiana customers.

Those additional resources are available through the Resource Hub at CenterPointEnergy.com/ResourceHub.

Local governmental agencies and first responder organizations within CenterPoint Energy’s footprint encouraged to apply for a Community Safety Grant

​EVANSVILLE, Ind. – April 9, 2026 – Local governmental agencies across CenterPoint Energy's service areas in Indiana, Minnesota, Ohio and Texas are invited to apply for the company's annual Community Safety Grant Program. Grants support local safety equipment and safety‑related projects that aim to make a meaningful difference within the communities the company serves. Applications are now open online through April 30, 2026.

CenterPoint awards grants of up to $2,500 to eligible local governmental agencies to support community safety needs within its service areas. Since launching the program in 2003, CenterPoint has awarded approximately $3.5 million in grants to help fund nearly 1,700 safety projects, supporting communities in enhancing public safety and wellbeing.

“At CenterPoint, safety is our top core value, and this drives every effort we take for the customers and communities we are privileged to serve. We know that safer communities are stronger communities, and that's why we appreciate being able to give back to enhance the safety of the locations where we live and work," said Jesus Soto, CenterPoint's Chief Operating Officer. “Through our Community Safety Grant Program, we're proud to support our local governmental agencies, emergency responders and local officials who work every day to improve the health and safety of our neighbors across the communities we serve."

Community Safety Grants have enabled a wide range of projects to enhance public safety, including installing public automated external defibrillators (AEDs), upgrading emergency communication equipment, purchasing personal protective equipment for first responders, enhancing a community's disaster preparedness efforts and purchasing utility locating devices.

Each community CenterPoint serves that is interested in this program should submit a grant application with information outlining a community safety project and how grant funding would help address that need.

To learn more about CenterPoint's commitment to the communities it serves and to apply for a Community Safety Grant, visit CenterPointEnergy.com/Community.  

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.​