Overview
- Adjusted Q3 EPS came in at $0.50 versus the $0.44 consensus, helped by growth and regulatory recovery plus lower O&M, partially offset by higher interest expense.
- Management forecasts roughly a 50% increase in Houston peak demand by 2031, calling for an additional 10 GW of capacity.
- Overall electricity throughput in Greater Houston is up about 9% year to date, with industrial throughput up 11% year to date and 17% quarter over quarter.
- The company has connected more than 500 MW of data‑center load this year, alongside rising demand from refiners and port activity, including an 18% quarter‑over‑quarter jump in exports at the Port of Houston.
- CenterPoint is executing a 10‑year, $65 billion capital plan and says it has line of sight to roughly $10 billion more in potential projects across its multi‑state footprint serving over 7 million customers.