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San Antonio to consider returning $50 million to CPS Energy customers in bill credits

San Antonio owns CPS Energy and under that model, the city gets about one-third of its annual general fund revenue from the utility. Due to the higher than anticipated energy bills, the city is expected to receive more than $75 million extra revenue from CPS. The city, however, proposes using about $50 million of that extra revenue as a relief to customers.

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Texas
United-states
City-of-san-antonio
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Erik-walsh
San-antonio-city-council
Energy-residential-assistance-program
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Residential-energy-assistance-program

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