The Electric Reliability Council of Texas (ERCOT) has given the approval for CenterPoint Energy to move ahead with a proposal to utilize 15 large emergency generation units to help address the state’s generation shortfall concerns.

The Electric Reliability Council of Texas’ board has agreed to finalize the proposal by Houston-based CenterPoint Energy Inc. (NYSE: CNP) to send its controversial mobile generators to San Antonio.

CenterPoint brought back $1 billion in profits in 2024, the same year the company left millions without power during a hurricane.

During the July storm, more than 2.2 million residents and businesses — approximately 80% of CenterPoint Energy customers — lost power.

With extreme weather conditions forecasted yet again in Houston, along with ERCOT issuing its weather watch, CenterPoint Energy is preparing for any type of emergency response that may come up.

The average Houston Electric customer using 1,000 kWh/month will witness a reduction in bills of an estimated $2/month related to the transaction by 2027.

CenterPoint will no longer charge its customers for unused generators in the Houston region once those units are donated to San Antonio this summer.

CenterPoint's earnings are expected to continue booming in the coming years as the Houston metro electrifies at a “truly remarkable” pace, CEO Jason Wells said.

As temperatures plummet across the Houston area with the latest arctic freeze, CenterPoint Energy is promising it's ready. "As soon as we saw forecast estimated that Houston was going to see another freeze our crews immediately hit the ground running on our cold weather readiness plan,

All Texans connected to the state grid will now pay for the generators rather than just CenterPoint customers.

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