Texas regulators approve CenterPoint's $2.9B plan to harden Houston power grid [Yahoo! Finance]
CenterPoint Energy, Inc (Holding Co) (CNP)
Last centerpoint energy, inc (holding co) earnings: 2/27 06:30 am
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Source: Yahoo! Finance
State regulators have approved CenterPoint Energy's request to bill ratepayers approximately $2.9 billion to strengthen its Houston-area power grid against hurricanes and extreme weather. The request, known as a "resiliency plan," includes installing more storm-resilient poles, burying additional power lines and increasing tree-trimming from 2026 to 2028. Once completed, CenterPoint expects the improvements to prevent more than 820 million minutes of power outages, company spokesperson Keith Stephens said. High-risk vegetation remains the leading cause of power outages in Houston, Stephens said. Now, with its resiliency plan approved, CenterPoint will be able to step up its ability to trim all trees along its power lines from every five years to every three years. "This enhanced approach will allow us to clear high-risk vegetation from thousands more miles of power lines every year," Stephens said. RELATED: CenterPoint wins $1.2B rate hike for Hurricane Beryl, other storms
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CNP
Earnings
- 10/23/25 - Beat
CNP
Sec Filings
- 11/20/25 - Form 8-K
- 11/7/25 - Form 4
- 11/5/25 - Form 144
- CNP's page on the SEC website