CPS considering rate increases that could boost customer's bills as much as $15 per month
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Fred Bonewell, left, CPS chief security, safety and gas solutions officer, reviews sketches with Richard Medina, CPS vice president of grid transformation and engineering at a power substation. CPS is part of a collaboration between Joint Base San Antonio, the city and dozens of other organizations working to strengthen the grid against threats from electromagnetic disturbances.Photo courtesy CPS
CPS Energy officials said the city-owned utility’s financial struggles, including unpaid bills and debt from the February winter storm, are pushing it to consider a rate increase that could boost customer’s bills from $10 to $15 each month.