Texas regulators approved the state’s first utility resiliency plan, a $3 billion proposal from Oncor to bulk up its distribution system over the next four years to better withstand and more quickly recover extreme weather and other events.

The Texas Public Utility Commission has postponed action on Oncor Electric Delivery’s resiliency plan, the first from a state utility under new legislation.

The Texas Public Utility Commission made a rare trip out of Austin for a public hearing as it investigates CenterPoint Energy’s poor response to Hurricane Beryl in July.

Texas lawmakers and regulators are trying to figure out how a puny Category 1 hurricane could have caused the devastation in Houston that led to long-term outages, and CenterPoint Energy has borne the brunt of the scrutiny.

CenterPoint Energy executives appeared before Texas regulators to apologize for the company’s slow restoration following Hurricane Beryl’s landfall and promised to do better next time.

Beleaguered Texas utility CenterPoint Energy has come under fire from the state’s political leadership, lawmakers, regulators and citizens over its slow restoration efforts following a Category 1 hurricane.

Hurricane Beryl ripped through the Houston area after making a landfall on the Texas Gulf Coast July 8 as a Category 1 storm, leaving a trail of death and destruction in its wake.

CenterPoint Energy CFO Jason Wells, named to replace the retiring David Lesar as CEO in January, will "hit the ground running" in 2024.

Xcel Energy, AEP and CenterPoint energy reported lower second-quarter earnings during a down day for utilities and other sectors on Wall Street.

CenterPoint Energy navigated high interest rates and mild winter weather for a "tremendous start" to 2023 and is on its way to deploying $43 billion in capital.