CenterPoint working on last percent of blackouts

Houston-based electricity transmission giant CenterPoint Energy Inc. (NYSE: CNP) is reporting more than 99% of its customers have power as of Thursday, Feb. 18.

The figure is up from below 50% just a day prior, according to CenterPoint’s outage tracker. Extreme cold weather knocked out a substantial portion of Texas’ power generation capacity, and the Electricity Reliability Council of Texas issued orders to CenterPoint to cut demand load from the grid starting in the early morning on Feb. 15.



more energy news

Send Us A Message