CenterPoint wins $1.2B rate hike for Hurricane Beryl, other storms. What it means for your bill.

Claire Hao | Source: Houston Chronicle | Posted 10/04/2025

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CenterPoint Energy will be allowed to charge its Houston-area customers almost $1.2 billion for last year’s Hurricane Beryl and two other storms, which is approximately $100 million less than the utility had wanted, state regulators decided Thursday.

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CenterPoint Energy has received approval to charge its Houston-area customers nearly $1.2 billion to cover costs from Hurricane Beryl and two other storms, which is about $100 million less than initially requested. The rate hike is expected to increase the average household's electricity bill by approximately $2 per month over the next 15 years. This decision follows significant political pressure after widespread outages caused by Hurricane Beryl, which affected 2.2 million customers.

The approved rate hike will allow CenterPoint to recover approximately $1.6 billion in storm-related costs from the past year, adding about $3 to the average monthly bill. The company has also committed to improving its infrastructure, with plans to invest $20 billion from 2026 to 2030. Despite the rate increases, CenterPoint aims to keep bills affordable through a process called securitization, which will help reduce interest costs on storm debts, resulting in estimated savings of $265 million for customers.

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CenterPoint wins $1.2B rate hike for Hurricane Beryl, other storms. What it means for your bill.

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