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.
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.