CentPoint Energy, a Texas utility, has proposed a $5 billion investment into Houston-area grid resilience and forego profits from its lease of large mobile generators in a letter to state lawmakers. The utility has faced criticism for its response to Hurricane Beryl, which left almost 2.3 million customers without power in Houston and left an $800 million fleet of mobile generators largely unused during the recovery. CenterPoint has apologised for not communicating more clearly about the cost and limitations of these large-scale units. The Texas attorney general is investigating CenterPoint’s response to the storm response, including allegations of fraud, waste, and improper use of taxpayer-provided funds. Looking ahead, CenterPoint plans to propose a larger investment of approximately $5bn from 2026 to 2028, the largest investment in Houston infrastructure in its history.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
