CenterPoint Energy (CNP) official guidance

We expect larger projects to be placed in service in the second half of the year and remain on track to execute $6.8 billion of planned capital investment this year for the benefit of our customers and communities.

Third, I will touch on our planned capital deployment in 2026, which is right on track as we target to invest $6.8 billion this year for the benefit of our customers and communities.

For 2026, we are reaffirming our capital plan outlined in our 10-year plan at $6.8 billion for the benefit of our customers, and we expect continued execution across electric and gas infrastructure, resiliency, and system modernization.

CenterPoint increased its 10-year capital investment plan by $4.0 billion from $66.7 billion to $70.7 billion and accelerated another $1.5 billion of investments into the first 5 years to support accelerating customer demand in the Greater Houston area.

We remain confident in our ability to execute our updated $66.7 billion capital investment plan through 2035 while maintaining visibility to at least $10 billion of additional upside capital investment opportunities.

CenterPoint increased its 10-year capital investment plan by $1.2 billion to $66.7 billion of planned investment from 2026 through 2035, reflecting incremental investment to support accelerating demand from large load customers in Houston, as well as refined investment estimates for the Downtown Houston Revitalization project.

Beyond our base 10-year $65.5 billion plan, we will continue to fold in the over $10 billion of incremental capital investment opportunities as we gain better clarity on project costs currently embedded in our plan, as well as line of sight to new projects required to meet the unprecedented load growth across our service territories.

As Jason highlighted earlier, increased visibility into incremental transmission needs supports a $500 million increase to our long-term capital investment plan, bringing the total to over $65 billion through 2035.

CenterPoint increased its 10-year capital investment plan by $500 million to now $65.5 billion of planned investment from 2026-2035, reflecting incremental investment for electric transmission.

Last month, we introduced an ambitious 10-year plan focused on supporting economic development, delivering strong customer outcomes, reducing O&M through operational efficiency, and driving value for our investors. Our capital investment plan of at least $65 billion is supported by some of the fastest growing demand for energy anywhere in the country.

Introduced customer-driven $65 billion capital investment plan from 2026 through 2035; additionally identified more than $10 billion of incremental capital investment opportunities that help further improve customer outcomes

It also maintained its incremental capital investment opportunities of at least $10 billion through 2035.

We remain confident in our ability to execute our updated $66.7 billion capital investment plan through 2035 while maintaining visibility to at least $10 billion of additional upside capital investment opportunities.

Beyond our base 10-year $65.5 billion plan, we will continue to fold in the over $10 billion of incremental capital investment opportunities as we gain better clarity on project costs currently embedded in our plan, as well as line of sight to new projects required to meet the unprecedented load growth across our service territories.

Beyond this increase announced today, we continue to see over $10 billion of incremental opportunities. We will fold these incremental opportunities into our 10-year investment plan when we are confident we can execute the work for the benefit of our customers.

Importantly, we also have visibility to at least $10 billion of incremental capital investment opportunities over the course of the plan, particularly in Texas, given the dramatic growth the communities we serve continue to experience.

Based on projected load ramps sought by customers, we expect nearly all of these projects to be energized by the end of 2030, extending our industry-leading growth trajectory well into the next decade.

Raises 2026 non-GAAP EPS guidance range to $1.90-$1.92, representing nearly 9% growth at the midpoint over 2025 delivered results 1

We are reiterating our full year 2026 non-GAAP EPS guidance range of $1.89-$1.91, which at the midpoint represents 8% growth over actual 2025 delivered results as we seek to deliver compounded growth for our investors each and every year.

Reiterates its 2026 non-GAAP EPS guidance range of at least the midpoint of $1.89-$1.91, which, at the midpoint, would represent 8% growth over 2025 delivered results 1

With that said, we are reiterating our full year 2026 non-GAAP EPS guidance of $1.89-$1.91, which at the midpoint would represent 8% growth over actual 2025 delivered results.

Consistent with this approach, today, we are reaffirming our 2026 non-GAAP earnings guidance of $1.89-$1.91, an 8% increase at the midpoint from our 2025 delivered results.

Initiates 2027 non-GAAP EPS guidance range of $2.07-$2.09, representing approximately 9% growth at the midpoint over increased 2026 guidance1

The company also extended its expectation for non-GAAP EPS growth at the mid-to-high end of its 7% to 9% annual range through 2030.

Over the long term, we continue to expect to grow non-GAAP EPS at the mid-to-high end of our 7%-9% annual guidance range through 2028 and 7%-9% annually thereafter through 2035.

Over the long term, we continue to expect to grow non-GAAP EPS at the mid to high end of our 7%-9% annual guidance range through 2028 and 7%-9% annually thereafter through 2035.

Looking ahead, we expect to grow non-GAAP EPS at the mid- to high end of our 7%-9% range from 2026 through 2028, and over the long term, we expect to grow non-GAAP EPS at 7%-9% annually through 2035.

Specifically, we have strong conviction in our ability to achieve non-GAAP EPS at the mid to high end of our 7%-9% annual growth guidance from 2026 through 2028, and 7%-9% annually thereafter through 2035.

Introduced increased long-term non-GAAP EPS annual growth targets of the mid-to-high end of 7%- 9% from 2026 through 2028 and 7%-9% thereafter, through 20351

Increases 10-year capital plan by $4.0 billion to $70.7 billion and accelerates $1.5 billion of investment into 2026-2030, supporting a rate base CAGR of more than 14% through 2030

These additional investments would provide further upside to our over 11% rate base growth through 2030.

Our capital investment plan through 2030 drives a projected rate base CAGR of over 11% through the end of the decade, and the potential for double-digit rate base growth through the middle of the next decade.

We are now forecasting peak load demand to increase by 50% or an additional 10 GW by 2029.

Previously, we shared a projected 50 percent growth of peak electric load in Greater Houston by 2031. Today, we’re updating our projections that we will deliver 10 gigawatts of new load by the end of 2029, two full years ahead of our previous forecasts.

Over the long term, we continue to expect to grow non-GAAP EPS at the mid to high end of our 7%-9% annual guidance range through 2028 and 7%-9% annually thereafter through 2035.

Over the long term, we continue to expect to grow non-GAAP EPS at the mid to high end of our 7%-9% long-term annual guidance range through 2028, and 7%-9% annually thereafter through 2035.

Specifically, we have strong conviction in our ability to achieve non-GAAP EPS at the mid to high end of our 7%-9% annual growth guidance from 2026 through 2028, and 7%-9% annually thereafter through 2035.

Introduced increased long-term non-GAAP EPS annual growth targets of the mid-to-high end of 7%- 9% from 2026 through 2028 and 7%-9% thereafter, through 20351