CenterPoint Energy is a Fortune 500 electric and natural gas utility serving several states in the United States. CenterPoint Energy was founded in 1882 as Houston Gas Light Company.
Over the years, it has evolved through mergers, acquisitions, and expansions to become one of the largest energy delivery companies in the United States. The company primarily provides electric transmission and distribution, natural gas distribution, and energy-related services to residential, commercial, industrial, and wholesale customers.
It operates in several states, including Texas, Oklahoma, Arkansas, Louisiana, Minnesota, Mississippi, and Indiana. CenterPoint Energy owns and operates a vast network of electric transmission and distribution lines, natural gas pipelines, and related infrastructure to deliver reliable energy to its customers.
The company invests heavily in maintaining and upgrading its infrastructure to ensure safety and reliability. Beyond its core utility services, CenterPoint Energy has diversified its business through investments in energy-related services and infrastructure. This includes services such as energy efficiency programs, renewable energy initiatives, and natural gas midstream operations.
CenterPoint Energy is committed to environmental stewardship, community engagement, and corporate responsibility. The company invests in clean energy initiatives, promotes energy efficiency, and supports various community programs and charitable organizations.Like other utilities, CenterPoint Energy operates within a heavily regulated industry.
Its rates and operations are subject to oversight by state and federal regulatory agencies to ensure fair pricing, reliability, and compliance with safety and environmental standards. As a publicly traded company, CenterPoint Energy’s financial performance is closely monitored by investors and analysts.
Its revenue, earnings, and investment decisions are influenced by various factors including energy prices, regulatory policies, and market conditions.Overall, CenterPoint Energy plays a crucial role in delivering essential energy services to millions of customers while also adapting to evolving industry trends and regulations.
Houston, May 19, 2024 – In the wake of a severe storm that battered parts of CenterPoint Energy’s Greater Houston service territory on Thursday, May 16, the company has made significant strides in restoring power to impacted customers. Here are the key details: Over 630,000 customers have been restored within the past 72 hours.CenterPoint Energy remains on track for substantial completion of restoration by Wednesday evening.
Despite progress, the company acknowledges that more difficult restorations lie ahead due to additional damage encountered in the field.A workforce of 7,000 lineworkers and vegetation management professionals, including mutual assistance crews, is deployed around the clock. Safety remains a top priority, with mutual assistance crews assisting CenterPoint’s employees and contractors.
Seven temporary mobile generation units are serving cooling centers, first responder locations, healthcare facilities, schools, and senior living facilities. To facilitate students’ return to school, power has already been restored in districts such as Klein, Crosby, and Tomball. An updated and detailed restoration map by area is available on the CenterPoint Energy website.
The company uses its Power Alert Service tool to provide targeted restoration updates to customers.As crews work, some customers may experience temporary power interruptions during additional restoration efforts.Severe weather may have damaged customer-owned equipment; customers should check their weatherhead (the point where power enters the home).
CenterPoint Energy remains committed to restoring power swiftly and safely, recognizing the impact on those who have been without electricity