CenterPoint Raises 10-Year Capital Plan to $70.7 Billion

CenterPoint Energy set its 2026-35 capital plan at $70.7 billion, $4 billion above its previous total, and moved $1.5 billion of investment into 2026-30 to address customer demand in Greater Houston. The company forecasts enterprise rate-base growth at a compounded annual pace above 14% through 2030. It also has at least $10 billion in additional capital investment opportunities identified through 2035. “We continue to see accelerated growth opportunities across Greater Houston,” Jason Wells, CenterPoint’s chair, president and CEO, said. The company estimates that Texas households and businesses will save about $5 billion over the next decade. As of Sept.

Source: TokenPost