Business
CenterPoint Energy proposes to lower costs for Houston Electric customers & provide increased reliability for Texas
Today, as part of its continuing commitment to better serve customers across the Greater Houston area, CenterPoint testified before the Texas Senate Committee on Business and Commerce on its proposal to remove the cost of large emergency generation units from electric customers' monthly bills and save average residential customers as much as $2 per month by 2027. CenterPoint's proposal would reduce customer bills by sending 15 large emergency generation units to the San Antonio area for up to tw
About this update from Centerpoint Energy, Inc (holding Co)
[{"type":"text","content":"CenterPoint proposal to remove emergency temporary generation costs would lower monthly bills immediately and by as much as $2 per month by 2027","length":144,"tagName":"p","attribs":{}},{"type":"text","content":" 15 generation units would be sent to San Antonio area by Summer 2025 to help meet Texas' current and future energy needs","length":124,"tagName":"p","attribs":{}},{"type":"text","content":"HOUSTON, April 3, 2025 /PRNewswire/ -- Today, as part of its continuing commitment to better serve customers across the Greater Houston area, CenterPoint testified before the Texas Senate Committee on Business and Commerce on its proposal to remove the cost of large emergency generation units from electric customers' monthly bills and save average residential customers as much as $2 per month by 2027. CenterPoint's proposal would reduce customer bills by sending 15 large emergency generation units to the San Antonio area for up to two years to immediately support the State of Texas' energy needs for generation. Overall, CenterPoint's proposal is part of a broader plan to make its electric customers whole for the portion of the units customers have paid through their monthly electric bills.","length":816,"tagName":"p"},{"type":"image","alt":"CenterPoint Energy logo. (PRNewsFoto)","displaySize":"","headline":null,"caption":"CenterPoint Energy logo. (PRNewsFoto)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":235,"url":"https://media.zenfs.com/en/prnewswire.com/61712c608d8f5b6053da668cbcf21829"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wI1WZLT.xqGrTjXqLMnsxw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQxNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/61712c608d8f5b6053da668cbcf21829","width":400,"height":235}},"href":"https://mma.prnewswire.com/media/95201/centerpoint_energy_logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""In Texas, we're at our best when we're working together to solve complex challenges. I think everyone can be proud of this proposal that provides a Texas-driven solution to address the state's power generation shortfall, while also taking steps to reduce the impact on our customers. This plan would not only lower monthly bills immediately, and by as much as $2 by 2027, but it would address the costs paid...