Houston's CenterPoint Energy is back in the news as they go back on the hot seat on Thursday. The Public Utility Commission of Texas will be meeting, and there
Utility trucks sit parked at a CenterPoint Energy staging center at the Houston Race Track in Houston , Wednesday, July 10, 2024. Millions of residents lost power after Hurricane Beryl made landfall. Houston 's CenterPoint Energy is back in the news as they go back on the hot seat on Thursday.
Lt. Gov. Dan Patrick has complained in writing that CenterPoint was trying to "make a profit while not helping their customers during a crisis.” Andfrom the PUC on the matter before the end of year. As he put it, "Hurricane Beryl made it clear—improvements must be made." In a recent filing with the Securities and Exchange Commission, CenterPoint Energy estimates the repairs to their infrastructure after Hurricane Beryl could cost as much as $1.3 billion. Ultimately their customers will have to pay for all of that... and more. CenterPoint's contract with the State of Texas guarantees the giant utility a nice return on their investment. “Somewhere around 9 to 9.5% return on equity," says Thomas Gleeson, chair of the Public Utility Commission of Texas.
Centerpoint PUC Houston Consumers Response Costs Utilities
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breaking down the PUC survey you can take on CenterPoint’s response to Hurricane BerylCenterPoint Energy is being investigated by the state and also answering to the Texas Public Utility Commission (PUC) for its response to the historic number of power outages in the Houston area from Hurricane Beryl.
Read more »
CenterPoint Energy highlights tree planting initiative to help restore public’s trust after Hurricane Beryl outagesAfter widespread of criticism over power outages during Hurricane Beryl, CenterPoint Energy is working to restore it’s image.
Read more »
CenterPoint Energy hosts community meetings in wake of Hurricane BerylCenterPoint Energy is hosting community meetings to gather feedback and provide updates on their efforts to strengthen the power grid and improve communication following Hurricane Beryl.
Read more »
CenterPoint Energy CEO admits shortfall in Hurricane Beryl aftermath, vows improvementsCenterPoint CEO admits flaws in Hurricane Beryl response, vows improvements after power outages left millions without electricity for weeks.
Read more »
Homeowners still waiting on CenterPoint to clear downed trees weeks after Hurricane BerylA Rosenberg homeowner believes she might not be the only person facing Beryl-related obstacles to getting the debris cleared. She tells ABC13 what CenterPoint has told her.
Read more »
Texas AG investigating CenterPoint Energy’s ‘conduct’ during Hurricane Beryl“My office is aware of concerning allegations regarding CenterPoint and how its conduct affected readiness during Hurricane Beryl, a storm that left millions of Texans without power,” Attorney General Ken Paxton said in a statement.
Read more »