CenterPoint Energy Expands Capital Plan to Strengthen Coastal Grid Resilience

On the same day, CenterPoint Energy reaffirmed a significant increase in its ten-year capital investment plan. They’re raising the overall amount, and at an astounding $500 million more. This change is in line with a larger effort. Its purpose is to increase the resilience of the coastal electrical grid, which serves more than seven million…

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CenterPoint Energy Expands Capital Plan to Strengthen Coastal Grid Resilience

On the same day, CenterPoint Energy reaffirmed a significant increase in its ten-year capital investment plan. They’re raising the overall amount, and at an astounding $500 million more. This change is in line with a larger effort. Its purpose is to increase the resilience of the coastal electrical grid, which serves more than seven million customers over six states, but most notably in Texas throughout which demand is soaring. Taken together, the company’s initiatives represent its unwavering dedication to building state-of-the-art infrastructure and conducting world-class operations. It’s on track to always fulfill its public promises early.

Meanwhile, in Q2 2025, CenterPoint announced an earnings of $198 million. This is a decrease from $0.36 per diluted share in Q2 2024, representing a quarterly dividend of $0.30 per diluted share. The company mostly blames the results on growth headwinds and timing on interim capital mechanisms. Not to downplay the challenges, though, CenterPoint has achieved some remarkable progress. In the first half of 2025, this company decreased its customer-outage minutes by close to half the industry average in the year prior.

Commitment to Resiliency

Jason Wells, Chief Executive Officer of CenterPoint Energy said the company is proud of its accomplishments.

“I’m incredibly proud of our teams as they have worked to deliver about a year and a half’s worth of work since last summer as part of the Greater Houston Resiliency Initiative.” – Jason Wells

CenterPoint has firmly committed to resiliency and constructing and maintaining what they tout as “this nation’s most resilient coastal grid. Their longstanding advocacy would seem to belie this ambitious goal. The company has followed through on every single one of its Phase II public commitments successfully, on time or before the scheduled date. Wells pointed out that customers are already feeling the fruits of these improvements.

“We’ve met all our Phase II public commitments on time or ahead of schedule, and we are on a positive path forward as we work to build and operate the most resilient coastal grid in the nation. Our customers are already seeing the benefits with nearly 50% fewer outage minutes in the first six months of 2025 compared to 2024. This is great progress, and we aren’t done yet.” – Jason Wells

Growth and Investment Strategy

CenterPoint’s capital investment strategy has seen three back-to-back increases in 2025. That exceptional growth brings their impressive year total to $5.5 billion. This $500 million bump is just one year of a ten-year plan that adds up to $53 billion over 10 years, through 2030. The company’s long-term target is mid-to-high double-digit annual non-GAAP EPS growth on a base of 6.8% annually through the end of the decade.

Wells emphasized the importance of this investment. It arrives in response to the explosive growth that has been matching its service territory, particularly in Texas.

“While our focus has been on resiliency, we are not losing sight of the incredible pace of diverse growth our service territories continue to experience, especially those in Texas. This year alone, we have increased our capital investment plan by $5.5bn, including the $500m increase we announced today.” – Jason Wells

Future Outlook

Looking beyond today, CenterPoint Energy is now positioned to lead in improving our energy resilience in concert with fulfilling the needs of our customers. The company has witnessed a 6GW rise in its interconnection queue since its first quarter earnings call earlier this year, highlighting growing demand for its services.

CenterPoint remains deeply committed to building a clean and reliable energy future for all of its customers. They do it through smart capital investments and a relentless discipline on operating costs over their sprawling territory.