Centerpoint Energy, Inc (holding Co) · NYSE:CNP
Centerpoint Energy, Inc (holding Co) — Corporate Update (October 2024)
20 slides from Centerpoint Energy, Inc (holding Co)'s corporate update, Oct 5, 2024
Slide 1: Greater Houston Resiliency Initiative
Greater Houston Resiliency Initiative October 5, 2024 Project No. 56822
Slide 2: Learning the lessons from Hurricane Beryl
We are determined to learn the lessons from Hurricane Beryl and build the most resilient coastal grid in the country. 2
Slide 3: Greater Houston Resiliency Initiative (GHRI)
Greater Houston Resiliency Initiative (GHRI) LONG-TERM COMPLETE UNDERWAY RESILIENCY PLAN PHASE ONE PHASE TWO PHASE THREE Immediate Near-Term Longer-Term Actions Actions Actions July – August 2024 September 2024 – 2026 – 2028 June 1, 2025 INVESTING APPROXIMATELY $5 BILLION in our Greater Houston infr
Slide 4: GHRI Phase One
@ CenterPoint. Energy GHRI Phase One
Slide 5: Key Resiliency Actions
PHASE ONE Key Resiliency Actions TAKING ACTION NOW TO REDUCE OUTAGES Target Complete Trimming or removing 2,000 2,026 higher-risk vegetation POWER LINE MILES POWER LINE MILES Installing stronger and more 1,000 1,133 storm-resilient poles POLES POLES Installing automated devices, 300 307 known as tri
Slide 6: Community Outreach and Feedback
PHASE ONE Community Outreach and Feedback In August and September, our Senior Leadership hosted open houses to listen and collect feedback from our customers. Top feedback 19 Open houses 600 Participants topics: Vegetation management Improved reliability More resilient grid Accurate and time
Slide 7: 40 out of 42 commitments completed
PHASE ONE Completed Commitments 40 out of 42 All commitments with an August deadline complete commitments completed 7
Slide 8: GHRI Phase Two
@ CenterPoint. Energy GHRI Phase Two
Slide 9: Goals (September 2024 – June 1, 2025)
PHASE TWO Goals (September 2024 – June 1, 2025) STRENGTHENING IMPROVING STRENGTHENING Resiliency Communications Partnerships Rebuilding and hardening Improving outage tracker Conducting joint storm the grid with system upgrades with premise-level status, hazard preparedness exercises with and target
Slide 10: Grid Improvement Actions
PHASE TWO Grid Improvement Actions TARGET BY June 1, 2025 Installing poles that can withstand extreme winds 25,000 poles Installing automated reliability devices to reduce outages 4,500 devices Installing Intelligent Grid Switching Devices (IGSDs) 350 IGSDs Trimming or removing higher-risk vegetatio
Slide 11: Communications and Partnerships
PHASE TWO Communications and Partnerships Year-Round Communications Campaign • Community outreach events • Emergency preparedness webinars • Direct-to-customer outreach Outage Tracker Improvements • Outage Tracker with premise-level info • Spanish Outage Tracker • Mobile/web-based ability to report
Slide 12: Future Actions (2026-2028)
PHASE THREE Future Actions (2026-2028) Goal Our long-term efforts will strive to design, build, and operate a We are committed to building the most more resilient electric grid resilient coastal grid in the country by: Filing a 2026-2028 Long-Term Hardening key infrastructure System Resiliency Pla
Slide 13: Appendix
Appendix 13
Slide 14: Strengthening Resiliency
PHASE ONE COMMITMENTS Strengthening Resiliency We have completed 40 of our 42 commitments for Phase I, each of which were completed on time or ahead of schedule. You can track our real-time progress at CenterPointEnergy.com/TakingAction. Complete In Progress Strengthening Resiliency Action Descripti
Slide 15: Strengthening Resiliency
PHASE ONE COMMITMENTS Strengthening Resiliency We have completed 40 of our 42 commitments for Phase I, each of which were completed on time or ahead of schedule. You can track our real-time progress at CenterPointEnergy.com/TakingAction. Complete In Progress Strengthening Resiliency Action Descripti
Slide 16: Strengthening Resiliency
PHASE ONE COMMITMENTS Strengthening Resiliency We have completed 40 of our 42 commitments for Phase I, each of which were completed on time or ahead of schedule. You can track our real-time progress at CenterPointEnergy.com/TakingAction. Complete In Progress Strengthening Resiliency Action Descripti
Slide 17: Improving Communications
PHASE ONE COMMITMENTS Improving Communications We have completed 40 of our 42 commitments for Phase I, each of which were completed on time or ahead of schedule. You can track our real-time progress at CenterPointEnergy.com/TakingAction. Complete In Progress Improving Communications Action Descripti
Slide 18: Improving Communications
PHASE ONE COMMITMENTS Improving Communications We have completed 40 of our 42 commitments for Phase I, each of which were completed on time or ahead of schedule. You can track our real-time progress at CenterPointEnergy.com/TakingAction. Complete In Progress Improving Communications Action Descripti
Slide 19: Improving Communications
PHASE ONE COMMITMENTS Improving Communications We have completed 40 of our 42 commitments for Phase I, each of which were completed on time or ahead of schedule. You can track our real-time progress at CenterPointEnergy.com/TakingAction. Complete In Progress Improving Communications Action Descripti
Slide 20: Strengthening Partnerships
PHASE ONE COMMITMENTS Strengthening Partnerships We have completed 40 of our 42 commitments for Phase I, each of which were completed on time or ahead of schedule. You can track our real-time progress at CenterPointEnergy.com/TakingAction. Complete In Progress Strengthening Partnerships Action Descr