San Antonio City Council voted 8-3 to approve raising CPS Energy customers’ rates by 3.85 percent during the council’s A Session on Thursday, January 13. The increase, the first in eight years, supports enhancements on infrastructure resiliency, technology, growth and hiring employees.
Starting in March, customers with an average monthly bill of $152 will pay an additional $5.10 – a $3.84 increase to the base rate, plus about $1.26 in the form of a pass-through fee. Those with higher monthly bills will pay more. The city council also voted 9-2 in favor of receiving the fuel, financing, legal, and other allowable costs related to Winter Storm Uri.