Utility will provide potential rate increase amount to the Board
November 3, 2023 (SAN ANTONIO) – A special CPS Energy Board of Trustees Meeting will be held on Wednesday, November 8, 2023, at 11 a.m. at CPS Energy’s Headquarters, 500 McCullough Ave.
During this meeting, CPS Energy leaders will provide the Board of Trustees with the plan for the utility’s rate request. The Board of Trustees and the utility’s regulator, the City of San Antonio, will then vote on the rate increase by the end of the year, with the goal of a rate increase going into effect February 1, 2024.
Public input is available at the beginning of the meeting. To speak during the public comment portion of the CPS Energy Board meeting, please email [email protected] or call 210-353-4662. The public comment registration period begins Friday, November 3, 2023, at 5 p.m. and lasts through Tuesday, November 7, 2023, at 1 p.m.
Comments and feedback can be provided anytime by contacting [email protected]. Mail can be sent to CPS Energy, P.O. Box 1771, San Antonio, TX 78296. Public comment during the special Board Meeting must relate to an item on the agenda for that meeting.
About CPS Energy
Established in 1860, CPS Energy is the nation’s largest public power, natural gas, and electric company, providing safe, reliable, and competitively-priced service to more than 930,114 electric and 381,379 natural gas customers in San Antonio and portions of seven adjoining counties. Our customers’ combined energy bills rank among the lowest of the nation’s 20 largest cities – while generating $9 billion in revenue for the City of San Antonio for 80 years. As a trusted and strong community partner, we continuously focus on job creation, economic development, and educational investment. We are powered by our skilled workforce, whose commitment to the community is demonstrated through our employees’ volunteerism in giving back to our city and programs aimed at bringing value to our customers. CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation.