Actions throughout GHRI Phase Two include
installation of stronger poles, clearance of more vegetation miles,
undergrounding of more power lines and additional "self-healing"
devices
When complete, GHRI Phase Two actions will
improve reliability by saving customers more than 125 million fewer
outage minutes annually.
HOUSTON, Dec. 12,
2024 /PRNewswire/ -- Today, as part of the second
phase of its Greater Houston Resiliency Initiative (GHRI),
CenterPoint Energy shared it latest monthly progress update with
new resiliency milestones including the installation of
approximately 7,060 stronger, storm-resilient total poles in
the last three months.
Since the launch of GHRI Phase Two three months ago, and in
preparation for the 2025 hurricane season, CenterPoint continues to
make good progress on the suite of additional resiliency actions.
The latest program updates are available at
CenterPointEnergy.com/TakingAction.
In the last four weeks alone, the company has: installed an
additional nearly 2.500 more storm-resilient poles;
completed the clearance of more than 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 20
self-healing automation devices to minimize the impact of
outages and help improve overall restoration times.
When completed, the resiliency actions outlined in GHRI Phase
Two will lead to more than 125 million fewer outage minutes
annually for customers.
"All across Greater Houston,
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.
From the thousands of poles we've installed to trimming more
hazardous areas of vegetation around our lines, and undergrounding
more power lines, the many other critical resiliency actions we are
taking reflect our commitment to our customers, our stakeholders,
and to ensuring our communities are better positioned to withstand
the next major storm or hurricane," 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 grid and
reduce the duration and impact of power outages. Through early
December, the company has made significant advances across its
Greater Houston service area,
including:
GHRI Phase Two: More "Self-Healing" Devices Coming in
Early 2025
CenterPoint
teams will be taking additional actions as part of the second phase
of GHRI, which runs through May 31,
2025, including beginning in early 2025: installing some
4,500 automated reliability devices to create a more
"self-healing' grid and minimize sustained interruptions during
major storm events as well as reduce restoration times; and
establishing a network of 100 new weather monitoring
stations. These improvements are on track to begin in early
2025 and be completed before the start of the next 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 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, 2024
and June 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