The record $65B investment, up nearly 40% from its 2021 plan, is driven by forecasts that Houston Electric’s peak load will surge from 21 GW today to nearly 42 GW by the mid-2030s. Management says the plan is “customer-driven,” aiming to build the most resilient coastal grid and safest gas systems while keeping rates “in line with inflation” through efficient financing.
CenterPoint also identified $10B in incremental opportunities beyond the core plan, underscoring the scale of future infrastructure needs. To back the strategy, the company raised 2025 EPS guidance to $1.75–$1.77, initiated 2026 guidance of $1.89–$1.91, and extended its 7–9% EPS growth targets through 2035, giving investors unusually long-term visibility for a regulated utility.
Source: Material-Car261