Net consolidated income for CenterPoint was $316 million during the first quarter of 2026. That represents a 6.4 percent increase over the same period in 2025.

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CenterPoint Energy this week announced quarterly revenue increases and said that surging development of data center and other large load projects will continue adding to the company’s income and expenditures for years to come.

All told, net consolidated income for CenterPoint was $316 million during the first quarter of 2026. That represents a 6.4 percent increase over the same period in 2025.

At the same time, load growth on the Houston Electric system continues to rise, and is expected to increase by 50 percent by 2029. Much of that load growth is being driven by new data centers, as well as investments in the life sciences, advanced manufacturing and petrochemical industries, according to CenterPoint.

Those top-line financial details and others were released by CenterPoint during its April 23 call with investment analysts to discuss its first quarter earnings. CenterPoint reiterated its previously announced plans to spend $65.5 billion on capital projects through 2035. This spending includes $5.4 billion projects for the current fiscal year, and $1.2 billion already spent during the first quarter of 2026.

Spending and Load Growth

Most of the company’s estimated capital spending will be on behalf of the company’s Houston Electric holdings, which should reach an estimated $4 billion during 2026 alone. For its Texas Gas holdings, estimated spending in 2026 will reach about $800 million, according to CenterPoint.

As noted above, driving much of its expenditures is dramatic industrial load growth. The company reported that 3.5 gigawatts of large industrial load is under construction and 4.5 gigawatts will be energized by 2029.

However, the company claims this new load growth should lead to residential and commercial savings from what customers in those segments otherwise would have paid for transmission and distribution service. This is because CenterPoint anticipates receiving additional revenues from large load demand changes, and these revenues should offset pressure on residential and commercial distribution charges, according to the company.

Find CenterPoint’s complete first Quarter 2026 report here.

— R.A. Dyer