CenterPoint Energy reports Q4 and FY 2024 results with grid resiliency plan

US-based CenterPoint Energy has reported a 50% forecasted increase in electric load demand in its Houston Electric service territory by 2031. The company has increased its 10-year capital investment plan to $47.5 billion, which includes $500 million specifically aimed at enhancing grid resiliency. CenterPoint’s President & CEO, Jason Wells, emphasized the progress made towards building a resilient coastal grid and the upcoming Systemwide Resiliency Plan, which is set to strengthen their network further and support regional economic growth.