Company has installed more than 11,000
stronger, more storm-resilient poles across the region in five
months, in addition to clearance of more vegetation miles and
undergrounding of more power lines
When complete, GHRI Phase Two actions will
improve reliability by saving customers more than 125 million fewer
outage minutes annually
HOUSTON, Feb. 12,
2025 /PRNewswire/ -- Today, as part of the second
phase of its Greater Houston Resiliency Initiative (GHRI),
CenterPoint Energy shared its latest monthly progress update with
new action milestones including the installation of more than 750
automated reliability devices, which will reduce both sustained
interruptions and restoration times in storm events.
This new deployment of automated reliability technology began in
January. The company plans to install 4,500 of these devices across
the Greater Houston area by
June 1, 2025, which are capable of
"self-healing" when outages occur which will help minimize impact
to customers during storm events.
Since the launch of GHRI Phase Two five months ago, and in
preparation for the 2025 hurricane season, CenterPoint continues to
make good progress on the suite of additional resiliency actions,
including new pole installations and replacements, as well as
trimming thousands of miles of higher-risk vegetation in recent
months. The latest program updates are available at
CenterPointEnergy.com/TakingAction.
In addition to the 750 automated reliability devices, in the
last four weeks alone, CenterPoint has:
- Installed an additional approximately 1,800 more
storm-resilient poles,
- Completed the clearance of approximately 400 more miles of
power lines with high-risk vegetation,
- Undergrounded 40 more miles of power lines to reduce the
impact of extreme weather, and
- Installed an additional 13 Intelligent Grid Switching
Devices to minimize the impact of outages and help improve
overall restoration times.
When completed, the resiliency actions outlined in GHRI Phase
Two are expected to lead to more than 125 million fewer outage
minutes annually for customers.
"The many critical resiliency actions we are taking all across
the Greater Houston area reflect
CenterPoint's commitment to better positioning our customers and
our communities to withstand the next major storm or hurricane.
From installing thousands of poles and hundreds of automated
reliability devices to undergrounding more power lines and trimming
more hazardous areas of vegetation around our lines, our teams
continue working toward our goal of building the most resilient
coastal grid in the country and providing the more reliable
day-to-day service that our customers expect and deserve," said
Darin Carroll, Senior Vice President
of CenterPoint's Electric Business.
GHRI Phase Two: Significant progress to date
On
September 30, CenterPoint announced
the launch of Phase Two of the GHRI, which included a series of
actions to strengthen resiliency, enable a self-healing system and
reduce the duration and impact of power outages. Through early
February, the company has made significant advances across its
Greater Houston service area,
including:
GHRI Phase Two: More weather monitoring stations coming
soon
CenterPoint teams will be taking additional actions as
part of the second phase of GHRI, which runs through May 31, 2025, including establishing a network of
100 new weather monitoring stations. These improvements are
on track to begin early this year and are expected to be completed
before the start of the 2025 hurricane season.
The company is also working to expand and improve the way it
communicates with customers and engages with communities before,
during and after emergencies, including through a year-round safety
and preparedness campaign. CenterPoint representatives will
continue to be in the community in the months leading up to
hurricane season to share information on its preparedness efforts
as well as preparedness tips and resources for its customers.
CenterPoint will continue to provide updates on its progress
toward completing its critical resiliency actions and other GHRI
commitments. More information and real-time updates are available
at CenterPointEnergy.com/TakingAction.
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 the
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 the
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, 2024June 30, 2024 and
September 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
