Expert after-action report outlines 77 recommendations to improve storm response; CenterPoint has already completed or is implementing two-thirds of the recommendations
HOUSTON, Oct. 25, 2024 /PRNewswire/ -- Today, CenterPoint Energy made public an independent expert report of its response to Hurricane Beryl, which included 77 recommendations designed to improve readiness, response and communications during future major storms and emergencies.
To date, because of the work associated with the Greater Houston Resiliency Initiative (GHRI) launched on August 5, CenterPoint has already completed, or is in the process of implementing, 51 of the 77 expert recommendations, and is assessing the remaining 26 recommendations to identify additional actions to benefit customers.
PA Consulting Group – a third-party consultancy with deep expertise in issues affecting utilities and other industries – conducted the independent review between July 31 and October 15, 2024. The review included an analysis of customer outage data, asset data, and internal and external communications provided by CenterPoint, and more than 30 interviews with key members of the CenterPoint team, including leadership.
"Following Beryl, we heard loud and clear the calls for change and are acting with urgency to address the challenges our customers faced. As part of our commitment to improve, we sought outside third-party experts to provide us with guidance and feedback, including from PA Consulting Group, a recognized expert in the utility industry. Their independent review is invaluable, and their recommendations will help us make the changes necessary to achieve our goal to build the most resilient coastal grid in the nation," said Jason Wells, President and CEO of CenterPoint.
Key Resiliency Actions: 18 Recommendations Already Completed
Following the aftermath of Hurricane Beryl, CenterPoint launched the first phase of GHRI, and completed all 40 actions ahead of schedule, on August 28. Because of this important work to address customer concerns during this hurricane season, CenterPoint has already completed 18 of the PA Consulting Group's recommendations, including:
Key Recommendations: 33 In-Progress
CenterPoint launched the second phase of GHRI, which is designed to build on the progress made during the first phase and further improve overall resiliency, communications, and community coordination for the upcoming winter season and the 2025 hurricane season. As part of this effort, CenterPoint is in the process of implementing 33 of the report's recommendations, including:
Additional Recommendations Under Evaluation
In addition to the items already being addressed, CenterPoint is also evaluating the 26 new ideas provided by PA Consulting Group, to assess what additional actions can be taken over the coming months as part of the second phase of GHRI, or as part of our long-term resiliency efforts that will be announced in January of 2025.
This includes evaluating:
The full report can be found here.
The actions CenterPoint has taken, and will continue to take, are designed to address its customers' and other stakeholders' important concerns following Hurricane Beryl by lessening the impact and duration of storm-related outages, improving its restoration efforts and communications, while also advancing the day-to-day reliability of its grid.
About CenterPoint Energy, Inc.
As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. With approximately 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.
Forward-looking Statements
This news release, as well as the website pages related to the GHRI, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release or the website pages related to the GHRI, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding our resiliency investments, and the GHRI, including effectiveness, timing and related matters, are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release or the website pages related to GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to GHRI speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of pandemics, including the COVID-19 pandemic; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and CenterPoint's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024 and June 30, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.
For more information, contact:
Communications
Media.Relations@CenterPointEnergy.com
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SOURCE CenterPoint Energy