CenterPoint Energy Inc. recently reached a settlement agreement with parties to its 2026-2028 Systemwide Resiliency Plan (SRP), which includes a revised, agreed-upon investment of more than $3 billion in the company’s electric distribution system.
“We are committed to continuing critical system resiliency work to help provide an electric system for the Greater Houston area that is safe, reliable, cost-effective, and resilient when our customers need it most,” said Jason Wells, president and CEO of CenterPoint Energy.
Following discussions with intervening parties and the Public Utility Commission of Texas (PUCT) — which still must review and approve the SRP — Wells said that the plan “represents a landmark investment and suite of resiliency actions that will provide customers with clear benefits now and in the future.”…