CenterPoint Announces Potential $5B in Savings for Texas Electric Customers

CenterPoint Energy announced a new Customer Savings initiative that it says could save Texas electric customers more than $5 billion over the next decade. The company says the savings would come from adding up to 14 gigawatts of new large-load projects, with new customers paying a greater share of fixed grid infrastructure costs.

CenterPoint projects billions in customer savings.

CenterPoint announced its Customer Savings Initiative as part of an effort to keep electricity costs affordable while expanding Texas' electric infrastructure.

The company says up to 14 gigawatts of additional ERCOT-eligible base-load and studied-load projects could create savings by increasing the number of large customers contributing to fixed grid costs.

CenterPoint Energy CEO Jason Wells: "We have a once-in-a-generation opportunity to generate historic levels of customer savings of more than $5 billion statewide."

CenterPoint has also come out saying it supports Gov. Greg Abbott's call for greater transparency and clear standards for data center development in Texas.

The company said it also fully supported Senate Bill 6, passed in 2025, which established customer protections related to large electricity loads.

CenterPoint said the requirements are being applied to new large-load projects included in its savings initiative.

Houston Customers continue to have low costs.

CenterPoint said its Greater Houston customers currently pay the lowest infrastructure charges among Texas investor-owned electric transmission and distribution utilities.

The company said the portion of customer bills covering CenterPoint infrastructure investments increased by just over 1% annually between 2016 and 2025, below the national inflation rate during that period.

According to CenterPoint, expanding its customer base, improving financing efficiency, and reducing costs have helped maintain affordability.

The Bottom Line

CenterPoint says its new Customer Savings Initiative could provide more than $5 billion in potential savings for Texas Electric customers over the next decade. The company argues that bringing additional large-load customers onto the grid can support economic growth and grid reliability without placing the full burden on existing customers.