The rate reduction amounts to approximately $1 per month for the average residential customer and approximately $1.25 per month for the average small business, Jason Ryan, CenterPoint’s vice president of regulatory affairs, said in an interview.

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

CenterPoint Energy announced a settlement agreement with parties involved in its 2024 rate case for its Houston Electric business.

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.

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.

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

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

HOUSTON — CenterPoint Energy has reached a settlement in its 2024 rate case that will lead to lower electric bills for Houston-area customers.

Evansville area customers will learn the fate of their CenterPoint electric bills Monday, when the IURC meets to rule on whether to raise rates.

More gas-fired power deals are expected, with potential PE sellers including Avenue Capital, ArcLight Capital and LS Power.