CenterPoint Energy CEO Jason Wells spoke with KPRC 2 in the first interview since Houston’s double whammy of natural disasters: a derecho in May and Hurricane Beryl in July. Click this story for the FULL transcripted interview.
Police looking to identify men who attacked, robbed elderly man in broad daylight in NE Houston ‘I just... I’m so deeply sorry’: CenterPoint’s CEO Jason Wells ’ raw reaction of power outage victim losing her sister
During this process, this this past year. Every single intervener that perpetuated that rate case actually supported a higher level of profit of the investments we’re making in our system. And given the community’s frustration around our response to Hurricane Beryl, now is not the time to talk about higher profits.And this was something that I was even confused, about being on the inner workings of it.
You know, in the foreseeable future here this year, we’re going to see a rate reduction from some charges rolling off the bill. So, there’s a lot of rate activity that occurs, but all of that occurs with our regulator, governing what we can charge our customers.Hurricane Beryl and the May derecho, really a one-two sucker punch for the Houston metro area.
There’s not a day that passes that I personally—that we don’t personally—think about the loss our community experienced, and that is the drive behind our determination to create this most resilient coastal grid in the country.And before we get to that, I want to show up a quick clip. You brought it up. This is where I want to show it.did with a woman who lost a loved one. I want to show this to you and genuinely get your raw and honest thoughts.
Many of the outages our customers experience don’t result in damage. Our crews need to go out, though, and close the fuses and restore power. They had anxiety for the remainder of this year’s hurricane season. That’s what that work was targeted to address in August. You’ll see that in the second phase of work in the Greater Houston Resiliency Initiative, and you’ll see it as we roll out that third and final phase.
The men and women that came from across the country to help us restore our service. I can’t do that work. But that spirit of running towards the challenge has rubbed off on me. We wouldn’t have been able to restore a million customers in 48 hours had we not pre-staged crews Again, more resources would have helped. I think that’s the real action that’s going to drive change for our customers is again, delivering that self-healing grid to reduce the number of outages so that the crews that are coming to restore have a concentrated area to focus on and can get the service restored faster.Your men and women are working right now to continuously make a more resilient grid.
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