island improvements

Houston utility provider gifts $100,000 for energy-efficient upgrades in Galveston

Galveston residents spend 14 percent more a month on electricity, and CenterPoint stepped in to help shrink that gap. Photo courtesy of Vision Galveston

As Texas bakes in scorching summertime heat, a new program has been rolled out in Galveston to provide free energy-efficiency upgrades of homes.

The program, a collaboration between the nonprofit Vision Galveston and Houston-based CenterPoint Energy, is designed to reduce energy consumption and cut utility bills through projects like HVAC tune-ups, as well as installation of ceiling insulation, LED light bulbs, solar screens, and low-flow showerheads.

The program launched July 13 with three CenterPoint customers, all residents of Galveston’s Old Central Carver Park neighborhood, receiving energy-efficiency upgrades.

All residents of Galveston are eligible for the program but must meet certain requirements, such as having:

  • A valid ESID number, or electric service identifier, in CenterPoint’s Houston-area territory.
  • A central AC system or heat pump that’s at least a year old and is in good working order.
  • A residential AC system that’s no larger than five tons.

Data from EnergySage shows the average Galveston resident spends $195 a month on electricity. That’s 14 percent higher than the national average.

“Without properly equipped homes to withstand Texas’ above-average temperatures and other extreme weather conditions, [these costs] could increase over time, greatly impacting islanders during the hot summer months,” the program’s organizers say. “And this could be a significant financial burden for families that are already economically challenged.”

In tandem with the new program, the CenterPoint Energy Foundation has donated $100,000 to Vision Galveston to support future energy-efficiency programs benefiting income-qualified residents of Galveston.

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A View From HETI

Jupiter Power's Houston facility went online earlier this year. Photo courtesy of jupiterpower.io

Austin-based developer and operator of utility-scale battery energy storage systems Jupiter Power has announced the successful closing of a $225 million corporate credit facility.

The transaction strengthens Jupiter Power’s U.S. portfolio, which includes one of the nation’s largest energy storage development pipelines, totaling over 12,000 megawatts. Jupiter Power, which also has offices in Houston, began commercial operations with the launch of its 400-megawatt-hour battery facility, Callisto I, in central Houston in August of 2024.

"Securing this corporate credit facility highlights the market's recognition of Jupiter Power as a leader in advancing large-scale energy storage solutions, as evidenced by our 2,575 megawatt hours of battery energy storage systems already in operation or construction," Jupiter Power CFO Jesse Campbell says in a news release. “This funding enhances our ability to advance projects across our pipeline in markets where energy storage is needed most. We greatly appreciate the support of our banking partners in this transaction.”

The $225 million in total revolving credit facilities will include up to $175 million in letters of credit and $50 million in revolving loans. Leading on the lender side includes Barclays Bank PLC, HSBC Bank USA, and Sumitomo Mitsui Banking Corp.

“HSBC is proud to support Jupiter Power with their credit facility as they continue to expand and accelerate the development of their energy storage projects across the United States,” Paul Snow, head of renewables - Americas at HSBC adds. “HSBC’s inaugural facility with Jupiter Power not only reinforces our commitment to financing premiere clean energy projects, but complements our ambition to deliver a net zero global economy.”

The Houston project is the first in the area, and Jupiter Power's ninth to deliver energy storage to ERCOT, which brings its total ERCOT fleet to 1,375-megawatt-hour capacity.

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