CNP · CenterPoint Energy Q2 FY2026 earnings call record财报电话会记录

“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.”

“In the aggregate, the 14 GW of projects eligible for Batch Zero would represent over a 65% increase in our system's peak demand and further reinforce our confidence in achieving the accelerated 50% load growth by year-end 2029.”

“We will continue working closely with our customers and ERCOT to advance these projects to support our customers' desired energization timelines.”

“With this increased demand from large load customers, we are now estimating that collectively, residential and commercial electric customers will save over $5 billion over the next decade through the addition of 14 GW of eligible base load and studied load projects.”

“These results reinforce our confidence in delivering our full-year 2026 non-GAAP EPS guidance range of $1.89-$1.91.”

“Lastly, as a reminder, we expect meaningfully higher cash flow from new demand charges of approximately $6 million per gigawatt per month as we energize the anticipated 14 GW of new load over the next five years.”

“Jason, just on the transmission study, as we're thinking about sort of the size and cash benefits, on the CapEx side, historically, you guys have referenced $8 million per mile, while I think the market range is anywhere from $5 million-$20 million, depending on routing and land.”

“From a CapEx standpoint, yeah, that's generally the range we're seeing, sort of that $5 million-$20 million.”

“From a cash flow standpoint, yes, we continue to see about $6 million a month per gigawatt in terms of cash flow from demand charges from these related customers.”

“Obviously, previously, you guys framed the CAMT benefit as kind of unlocking about $1 billion of incremental CapEx with no additional equity, and this morning you added about $1.2 billion to plan, deployable within five years with sort of no change on that equity guide.”

“You multiply that by the number of industrial and commercial customers we've got, so 65%, takes you to that just over $500 million a year times 10 years gets you to the $5 billion of savings statewide for our customers.”

“As we work with multiple customers in that region and demand may exceed that 1.5 GW.”