Texas Attorney General Ken Paxton has launched a probe into CenterPoint Energy's behavior during the devastating Hurricane Beryl, specifically looking into complaints of unlawful rate hikes, power outages, and slow restoration, as reported by the Texas Attorney General's Office.

According to a statement from the Texas Attorney General's Office, "My office is aware of concerning allegations regarding CenterPoint and how its conduct affected readiness during Hurricane Beryl, a storm that left millions of Texans without power," and Paxton has assured that any illegalities unearthed by this inquiry will be met with stringent legal action.

While CenterPoint Energy has not yet publicly responded to the announcement of the investigation, the implications of Paxton's findings could have significant repercussions for the company's operations, particularly as it relates to their crisis management policies, and future storm preparedness.