City Council approves CPS Energy rate hike; increase to take effect in February
The San Antonio City Council voted 8-3 Thursday morning for the second increase in two years of CPS Energyโs gas and electric rates. This latest rate hike is expected to cost the average residential customer an additional $4.45 per month after it takes effect in February 2024.
CPS Energy board approves rate increase; council to vote Thursday
The board voted 5-0 to approve the proposed increase of 4.25% to the base rates, raising the average customerโs monthly bill by $4.45. The city-owned utility still needs the approval of the San Antonio City Council, which meets on Dec. 7.
SA community sounds off during CPS Energy tele town hall on proposed rate increase
The city-owned utility proposed to increase its gas and electric base rates by 4.25% in a pair of meetings earlier this month before the CPS Energy Board of Trustees and San Antonio City Council. Customers during a meeting on Thursday night asked why.
CPS Energy proposes 2nd rate hike in 2 years
The city-owned gas and electric utility will request an increase of its gas and electric base rates by 4.25% from both the CPS Energy Board of Trustees and San Antonio City Council on Nov. 8 - a move it says would raise many customersโ bills by less than $5.
CPS Energy prepares to ask for another rate hike
The city-owned gas and electric utility will request an increase of its gas and electric base rates by 4.25% from both the CPS Energy Board of Trustees and San Antonio City Council on Nov. 8 - a move it says would raise many customersโ bills by less than $5.
San Antonio could send money back to CPS Energy in windfall years
A proposal to stave off future CPS Energy rate increases by taking a smaller cut of its revenues has evolved into a smaller-scale plan to send money back to the utility only when its revenues far exceed estimates. City staff say the idea wonโt prevent a rate increase, but it could mean those increases are smaller than they would be otherwise.
CPS Energy spokesman claims he was wrongfully terminated for not turning over medical info to utility security staff
A former bilingual communications specialist with CPS Energy fired last year for failing to cooperate with an investigation into his behavior at work said he was simply following instructions from the utilityโs human resources department.
โAir of compromiseโ: Abortion travel fund, mental health teams among proposed city budget tweaks
Expanding a popular mental health team, creating a fund to help cover travel to out-of-state abortion clinics, and giving more money for Animal Care Services were among the most high-profile changes council members discussed making to the budget - largely favorably.
City considers funding home repairs for CPS Energy weatherization program
With roughly 30% of qualified homeowners and renters unable to get free weatherization help from CPS Energy because of the state of their homes, the utility and the City of San Antonio plan to put hundreds of thousands of dollars toward helping with minor repairs.
CPS Energy invites customers to attend a teletown hall on Thursday
The tele-town hall will focus on summer energy conservation, customer billing assistance, and community investments and will feature CPS Energyโs President & CEO, Rudy D. Garza; Chief Customer Strategy Officer, DeAnna Hardwick; and Chief Financial Officer, Cory Kuchinsky.
In January, CPS Energy received a shipment of transformers. A quarter of them were faulty.
At the height of an ongoing dearth in transformers bottlenecking real estate development in San Antonio, CPS Energy found itself having to send back a portion of a shipment it received in January due to quality concerns.
Whatโs changed since February 2021 to prevent another power grid failure? KSAT Explains
After the snow and ice of February 2021 had melted and power and water service finally returned, catastrophe turned to criticism. Lawmakers and power providers have since gone to work in hopes that it doesn't happen again.
SAWS, CPS Energy team up for pumping station backup power plan
A year-and-a-half after faucets around Bexar County ran dry during the 2021 February Freeze, the San Antonio Water System has a $202 million plan to keep the water flowing should it happen again, and the utility is teaming up with CPS Energy for part of it.
City Council passes $3.4B budget, including bill credits to CPS customers
The San Antonio City Council is poised to pass a $3.4 billion budget Thursday that includes pay bumps for employees, dozens of new police officer positions, and a property tax cut. But it is unclear whether council members will follow a staff recommendation to send $50 million in extra revenue back to CPS Energy customers or take more time to figure out an alternate use.
CPS Energy enters contract negotiations with Rudy Garza to serve as permanent president & CEO
Rudy D. Garza makes CPS Energy history as the board votes to name him CEO & President of the electric company. Garza will be the first Hispanic leader to hold this leadership position, according to a press release.
Survey finds nearly 90% of people in San Antonio are cutting back on other expenses due to higher electric bills
The majority of CPS Energy customers surveyed by KSAT said they are seeing pricier electricity bills than usual, which is causing them to cut back on other expenses in order to cover the cost.
City council still divided on how to spend $50M of CPS windfall
The hot temperatures and higher natural gas costs have been pushing up power bills, which increases CPS Energy revenues in turn and the amount the utility passes on to the city. While city staff has proposed giving $50 million back to CPS customers - mostly through bill credits averaging $31 for residential customers- city council members havenโt all signed on to the idea..
CPS Energy customers cranking up air conditioning pay nearly $80 more for comfort, utility says
CPS Energy customers are paying higher energy bills than they did last summer, an average of about $80 dollars according to the provider. It's mostly due to fuel cost increases and the relentless Texas heat wave.