“I’m proud of how our teams continued to deliver better outcomes for our customers and communities in 2025, including reducing year over year outage times by more than 100 million customer outage minutes in our Houston Electric business. We closed out the year with strong and consistent execution, robust financial results and significant growth opportunities. With these results, we have now delivered industry-leading 9% non-GAAP EPS growth in four of the last five years,” said Jason Wells, CEO. “Previously, we shared a projected 50% growth of peak electric load in Greater Houston by 2031. Today, we’re updating our projections that we will deliver 10 gigawatts of new load by the end of 2029, two full years ahead of our previous forecasts. We are confident in our ability to deliver that growth because of our proven track record of connecting large customers, regardless of sector, to our system. We believe that we can connect industrial, life sciences, and a range of technology customers far faster and far more cost-effectively than other regions as part of our more than $65B investment plan”.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNP:
- CenterPoint Energy Posts Strong Q4 Results, Lifts Investment Plan
- CNP Earnings this Week: How Will it Perform?
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 15
- CenterPoint Energy, Resilient Structures enter long-term supply agreement
- Tesla Lets Cybertruck Owners Earn Bill Credits by Powering the Grid
