CenterPoint Energy Houston Electric withdraws rate case appeal, plans settlement talks; reaffirms guidance

CENTERPOINT ENERGY INC

CEHE withdraws appeal of SOAH Order No. 14; plans to resume settlement talks for its 2024 general rate case.
Completed Phase 1 of Greater Houston Resiliency Initiative: 1,100+ fiberglass poles, 2,000+ miles vegetation trimmed, 300+ automation devices.
Phase 2 targets June 2025: 25,000 extreme-wind poles, 4,000 miles vegetation mgmt, 400 miles undergrounding, 4,500 trip savers.
Reaffirmed 2024/2025 non-GAAP EPS guidance and long-term growth through 2030.
Original rate case requested net ~$1.25/month increase; $75M in unbilled costs in 2023.

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