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CPS Energy Rate Increase Request - Why and How It Impacts You

No one likes paying more for anything in life – whether it’s groceries, gas or clothes. We understand and asTransmition Maintenance consumers ourselves we agree, and that’s why we work to provide Greater San Antonio with the most affordable and reliable energy possible.

But there are times when investments have to be made, things wear out, service needs to be expanded, new rules change the game, and products need upgrading. And, that’s where we’re at today. CPS Energy is asking for our customers’ support as we seek a 4.75 percent rate increase from the San Antonio City Council.

For the average residential customer, the monthly bill increase will be approximately $5.19. Still, our electric and gas rates will remain among the lowest in Texas and the United States.

Why do we need the rate increase? In recent weeks, we have laid out the facts through our blog, a CEO letter to the community, presentations to our Board of Trustees and our Citizens Advisory Committee, a public input session, and in the first of three presentations before the City Council. To sum it all up:
  • Aging infrastructure – poles, wires, pipes, transformers, etc. – need to be replaced.
  • New substations, which average about $10 million each, need to be built.
  • Plant upgrades to continually improve air quality is needed.
  • Additional infrastructure is needed for San Antonio’s ongoing 2% growth.
  • Work on gas pipes and electric lines is needed as local governments make road improvements.
  • Meters need to be replaced for greater reliability, quicker service, and to provide customers greater options to lower bills.
If approved by the San Antonio City Council in November, the increase will become effective February 1, 2014. Help will continue to be there for families and others who need assistance paying bills, with even more funds added.

Want to talk to us in person? Join us at one of five remaining Customer Care Fairs.

Looking for more info? We have an entire webpage with great resources about the proposed rate increase. We also encourage you to follow our blog, Energized, for the latest information on CPS Energy. 

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This message was sent by CPS Energy - P.O. Box 1771 - San Antonio - TX - 78296