CenterPoint Energy Announces Costly Intention to Backtrack on Coal Retirements, Keeping Expensive Culley Plant Online Past 2027

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EVANSVILLE, Indiana – Today, CenterPoint Energy announced an intention to delay plans to retire Unit 3 of its F.B. Culley Generating Station, backtracking on their commitment to be entirely coal-free by 2027. In previous CenterPoint plans, the utility wrote that “Coal plants have not been able to consistently compete on short term marginal price with renewable and gas energy” and that the plants, being old and outdated, were not designed to frequently cycle on and off, resulting in “increased maintenance costs and more frequent outages.”

Unit 3 of the Culley power plant has continued to have reliability issues and power outages, requiring costly upkeep and maintenance for CenterPoint that was then passed onto customers. Extending the life of the Culley plant poses more threats to reliability and affordability for customers…

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