A modernized, reliable, resilient and secure grid is critical to achieving a clean energy future.
Electric Grid Resiliency
Our long-term strategy for decarbonization and hardening the grid provides employment and economic opportunities across our service territories.
Investing in Our Electric Business: 2021-2030 Capital Forecast
We are planning on significant capital investments of more than $23 billion throughout the decade. Our Electric business investment strategy includes:
Approximately $11 Billion
System Growth and Improvement Supported by 2%+ Annual Customer Growth
Approximately $8 Billion
System Resiliency to Modernize, Harden and Upgrade Our Existing System
Approximately $3+ Billion
Clean Energy Investment and Enablement to Integrate our Net Zero Transition and Prepare for Accelerated Electric Vehicle Adoption
Hardening of the Transmission, Substation and Distribution Grid to Improve Reliability and Resiliency of Our System
- Upgrading Transmission and Distribution system for extreme weather conditions
- Modernization, hardening and upgrading our system
- New distribution grid resiliency and reliability design criteria
- Creating a smarter grid system to improve reliability
- Expanding intelligent grid and upgrading advanced meter technology systems for quicker outage resolution
- Leading advancements in digital solutions for operational resiliency
- Executing on new tools enabled by recent legislation
- Leasing 500 megawatt (MW) of emergency backup generation capacity and approximately 25 MW of battery storage
- Serves more than 2.6 million electric metered customers
- Owns and operates more than 4,000 miles of transmission line
- Owns and operates more than 55,000 miles of distribution line
In Houston, known as the energy capital of the world, CenterPoint Energy continues to extend the benefits of our transformative smart grid to improve safety, operational efficiency, reliability, environmental performance and the customer experience. Since 2009, CenterPoint Energy has deployed advanced meters to virtually all of our customers and enabled real-time grid monitoring and control.
- Serves approximately 150,000 electric metered customers
- Owns and operates more than 1,000 miles of transmission line
- Owns and operates more than 7,000 miles of distribution line
- Has generation capacity of approximately 1,300 MW
As we transition our generation profile, we are diversifying our energy portfolio with renewables to reduce emissions and increase choices for our customers. In Indiana, we will have one remaining coal plant, which will be addressed in our 2022 Integrated Resource Plan. In the interim, we strive to minimize the environmental impact of coal in the community. By recycling fly ash to minimize waste impacts, approximately 90% of the fly ash material generated from our coal facilities is used as a feedstock by a local cement kiln as a replacement for virgin materials.
Expanding Our Renewable Portfolio in Indiana
- Supporting our Net Zero transition
- 1.1 gigawatts of renewable generation by 2024
- Addressing our remaining coal facility in our 2022 Integrated Resource Plan