CenterPoint Energy has reached a settlement in its 2024 rate case that will lead to lower electric bills for Houston-area customers. Pending approval by the Public Utility Commission of Texas (PUCT),

CenterPoint Energy (CenterPoint) announced today that it has reached a settlement agreement with parties to its 2024 rate case for its CenterPoint Energy Houston Electric business (Houston Electric),

CenterPoint Energy has agreed to a rate decrease in its closely-watched rate case after months of settlement negotiations with city coalitions and consumer groups, the Houston electric utility announced Wednesday afternoon.

CenterPoint Energy has reached a settlement agreement with parties to its 2024 rate case for its CenterPoint Energy Houston Electric

Though ERCOT doesn't expect to issue outages, some could occur in the Houston area if icy conditions materialize, CenterPoint Energy said.

A local energy expert, meanwhile, says other factors also contributed to relatively few power outages as snow blanketed the region on Tuesday and temperatures plunged into the teens early Wednesday morning.

More than 99% of CenterPoint Energy's Houston-area customers maintained power through the freeze, and ERCOT didn't order rolling outages.

According to a release sent out on Saturday, CenterPoint has around 1,200 mutual aid workers who will be in the area by Monday to support any efforts to bring the lights back on. Workers will be staged at three different spots and pre-positioned to move into affected areas.

Entergy Texas announced last week its Texas Future Ready Resiliency Plan, which aims to upgrade local lines and move some lines underground.

The company is expecting 1,200 additional mutual aid workers to arrive Monday, doubling its response workforce.

CenterPoint Energy is proactively preparing for a significant winter storm expected to impact the Greater Houston area starting Monday evening.

CenterPoint Energy (CNP) (CenterPoint) announced that it has reached a settlement agreement with parties to its 2024 rate