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08/30/2025

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08/30/2025
LAWIN.news

CenterPoint Energy thrives with $1B profit amid Houston’s power crisis

by LAWIN.news February 20, 2025
written by LAWIN.news February 20, 2025
photo credit: Chron
107

HOUSTON, Texas– CenterPoint Energy, a leading energy company, has reported a $1 billion profit for the recent fiscal period, despite power outages in Houston.

The company’s financial success stands in contrast to the ongoing power disruptions that have affected many residents in the region.

While the company posted strong financial results, the power outages have raised concerns about the reliability of Houston’s energy grid.

These disruptions have impacted daily life in the city, prompting discussions on the need for improvements to the local power infrastructure.

CenterPoint Energy has acknowledged the challenges faced by the power grid and emphasized its commitment to resolving these issues.

The company has outlined ongoing efforts to improve the reliability of the energy supply, including investments in infrastructure upgrades designed to strengthen the grid’s resilience.

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