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Jason Wells

President, Chief Executive Officer & Chairman, Centerpoint

Search every verified Jason Wells interview, podcast appearance, and on-the-record quote โ€” each transcript cross-checked by AI and human review to confirm speaker identity. Jason Wells, chair and CEO of CenterPoint Energy, has described rapid electricity demand growth in the Houston region, stating that the company now forecasts peak load to increase by 50% by 2029, two years earlier than previously projected. He attributed this growth to data centers, advanced manufacturing, and energy exports. Wells said the company is increasing its 10-year capital investment plan to more than $65 billion, including funding for an additional 765 KV import line, and that it has secured 12.2 gigawatts of firmly committed load. He noted that utilizing existing system capacity could provide approximately $4 billion in savings for Texas residential and commercial customers over the next decade. Wells has also discussed a strategic shift toward Texas, including the proposed sale of CenterPointโ€™s Ohio gas business. He stated that the company is making progress on a large load project in southern Indiana that could enable $250 million in savings for residential customers over 15 years. On financial matters, Wells reported that the company expects its annual federal income tax cash liability to be near zero through 2035 following Treasury guidance, and reiterated non-GAAP EPS guidance of $1.89 to $1.91 for 2026. In a separate webinar, Wells described CenterPointโ€™s business model as starting with customer experience, and noted that the GDP of the greater Houston region is approaching $2 billion a day, emphasizing the economic cost of power outages.

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