With extreme weather conditions forecasted yet again in Houston, along with ERCOT issuing its weather watch, CenterPoint Energy is preparing for any type of emergency response that may come up.
CenterPoint Energy Inc. (CNP) on Thursday reported fourth-quarter profit of $248 million. The Houston-based company said it had net income of 38 cents per share.
CenterPoint's earnings are expected to continue booming in the coming years as the Houston metro electrifies at a “truly remarkable” pace, CEO Jason Wells said.
As temperatures plummet across the Houston area with the latest arctic freeze, CenterPoint Energy is promising it's ready. "As soon as we saw forecast estimated that Houston was going to see another freeze our crews immediately hit the ground running on our cold weather readiness plan,
CenterPoint reported a profit of $1 billion in 2024 – the same year it left over 2.2 million customers without power during Hurricane Beryl and the summer derecho The energy giant's profit was an increase of $152 million from reported profits in 2023.
Transfer of 15 emergency generation units will lead to lower rates for Houston CenterPoint customers
The Electric Reliability Council of Texas (ERCOT) has given the approval for CenterPoint Energy to move ahead with a proposal to utilize 15 large emergency generation units to help address the state’s generation shortfall concerns.
CenterPoint Energy Inc. reported a 25% increase in adjusted EPS, in line with consensus. Plans for grid resiliency and forecast of 50% electric demand growth in Houston region by 2031.
The ERCOT board has agreed to move toward finalizing CenterPoint's proposal to send controversial generators to San Antonio. The Electric Reliability Council of Texas’ board has agreed to finalize the proposal by Houston-based CenterPoint Energy Inc.
Transfer of 15 emergency generation units will lead to lower rates for Houston CenterPoint customers
The Electric Reliability Council of Texas (ERCOT) has given the approval for CenterPoint Energy to move ahead with a proposal to utilize 15 large emergency generation units to help address the state’s generation shortfall concerns.
The Electric Reliability Council of Texas’ board has agreed to finalize the proposal by Houston-based CenterPoint Energy Inc. (NYSE: CNP) to send its controversial mobile generators to San Antonio.
CenterPoint brought back $1 billion in profits in 2024, the same year the company left millions without power during a hurricane.
The average Houston Electric customer using 1,000 kWh/month will witness a reduction in bills of an estimated $2/month related to the transaction by 2027.
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