CenterPoint Energy receives $50M DOE grid upgrade award

CenterPoint Energy, an energy delivery company serving 2.9 million customers in the Greater Houston area, has been awarded a $50 million grant from the U.S. Department of Energy (DOE) to upgrade its grid infrastructure in the region. The funding, announced by Assistant Secretary Katie Jereza from the DOE’s Office of Electricity, will be used to install Siemens Energy transmission grid stabilizing technology at CenterPoint substations.

This technology is expected to be among the first of its kind deployed by U.S. utilities. The award is part of the DOE’s SPARK program, which aims to support electrical infrastructure modernization projects and help utilities meet growing energy demand while lowering electricity costs for approximately 100 million Americans. The project is anticipated to create over 500 local jobs for construction and installation.

CenterPoint Energy’s Executive Vice President, Regulatory Services & Government Affairs, Jason Ryan, expressed gratitude for the DOE’s investment in Houston’s and Texas’s energy infrastructure.

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