Q2 2025 Financial Performance: CenterPoint Energy reported a non-GAAP EPS of $0.29 for Q2 2025, aligning with expectations and representing approximately 46% of the company's full-year guidance range of $1.74 to $1.76. This indicates an 8% growth outlook from the 2024 EPS of $1.62. The results emphasize a back-weighted earnings profile for 2025 due to capital recovery cadence and regulatory lag.
Strong Load Growth in Houston Electric Service: The company anticipates a peak load increase of 10 gigawatts by 2031, fueled by diverse economic drivers such as data centers and advanced manufacturing. This increase contributes to a cumulative projection of a nearly 50% peak demand growth over the next six years, with interconnection requests up by 12% since the previous quarter, underscoring the region's expanding economic activities.
Capital Investment Plan Enhanced: CenterPoint announced a $500 million increase in its capital investment plan for 2025, now totaling $53 billion through 2030. This is the third significant capital increase this year, driven by ongoing customer and community needs and support for growth in the Texas jurisdiction. Importantly, these investments are expected to be funded without issuing additional common equity, which highlights financial prudence.