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State: 17.08.2024 | 11PM
Wed, 26.02.2025       CenterPoint Energy
US15189T1079

CenterPoint's 15 large emergency generation units will help ERCOT meet current and future energy needs for the San Antonio region for up to two years starting in Summer 2025

Greater Houston-area customers will see bill relief related to this transaction of approximately $2 less per month by 2027

Subject to final approvals, CenterPoint will make no revenue or profit off the proposal to help ERCOT and the State of Texas

HOUSTON, Feb. 25, 2025 /PRNewswire/ -- As part of a commitment to help meet the State of Texas' immediate energy needs, CenterPoint Energy welcomed today's approval by the Electric Reliability Council of Texas (ERCOT) Board to move ahead with finalizing CenterPoint's proposal to utilize 15 large emergency generation units to help address the state's generation shortfall concerns. Under its proposal, CenterPoint will make no revenue or profit from these 15 units while helping ERCOT and the State of Texas. CenterPoint's 2.8 million Greater Houston-area electric customers will also benefit from the arraignment by seeing lower monthly bills related to this transaction by 2027.

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