US EditionCenterPoint Energy proposes to lower costs for Houston Electric customers & provide increased reliability for Texas
- CenterPoint proposed to remove emergency temporary generation costs, potentially saving average residential customers up to $2 monthly by 2027.
- Fifteen large generation units will be sent to the San Antonio area to meet Texas's energy needs.
- This plan aims to lower bills and address previous costs related to large generation units.
- Jason Wells, President and CEO of CenterPoint Energy, emphasized collaboration to solve Texas's power challenges and improve customer reliability.
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CenterPoint agrees to absorb costs of mobile generators and cut rates for Houston-area customers
The utility leased the 15 large, mobile generators at a cost of about $880 million after the widespread power failures tied to the 2021 winter storm. The generators proved largely useless in the wake of last year’s Hurricane Beryl.
·Houston, United States
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Cherokee Phoenix+21 Reposted by 21 other sources
CenterPoint Energy proposes to lower costs for Houston Electric customers & provide increased reliability for Texas
CenterPoint proposal to remove emergency temporary generation costs would lower monthly bills immediately and by as much as $2 per month by 2027
CenterPoint Energy started Buy at Jefferies: 'Everything bigger in Texas' including capex upside
CenterPoint Energy started at Buy at Jefferies, citing its track record of meeting or exceeding earnings guidance in recent years, combined with the Houston area's strong growth prospects.
·United States
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Total News Sources27
Leaning Left2Leaning Right3Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 18%
C 55%
R 27%
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