CenterPoint Energy Anticipates An Additional 2 Gigawatts Of Distribution Level Demand Over The Next Several Years - CNP News | RalliesCenterPoint Energy Anticipates An Additional 2 Gigawatts Of Distribution Level Demand Over The Next Several Years
C
CNP• CenterPoint Energy conference call update
- Anticipates an additional 2 gigawatts of distribution level demand over the next several years.
- Now expects a Houston electric rate-based CAGR of over 18% over the next three years.
- Identifies $700 million in additional investments to serve 3 GW of demand outside base and studied load categories.
- Filed settlement agreement in Houston to reduce customer electric delivery charges by nearly 3%.
- Expects larger projects to be placed in service in the second half of the year.
- Says 14 GW of batch zero load projects submitted to ERCOT equates to roughly $800 million of revenue requirements.
