- Light the Way Summit Welcomes Virtual Reality Human Trafficking Education Company
- STAY BUNGALOW ANNOUNCES OFFICIAL DEBUT
- Texas: Governor Abbott Ensures State Agencies Continue Providing Resources, Long-Term Support To Uvalde Community
SAN ANTONIO (January 13, 2022) — Today, City Council voted to approve CPS Energy's request for a 3.85% rate increase and to authorize CPS Energy to establish a Regulatory Asset for its 2021 Winter Weather fuel costs. Following the vote, Councilman Pelaez issued this statement:
"After eight years in which a rate request was neither requested nor approved, more than a year of suspended disconnections, and the tremendous impact of Winter Storm Uri, it is evident that we cannot continue to kick this can down the road. This decision to approve was difficult, but I believe necessary.
In today's tough economic climate, nobody wants to see an increase in their bills, but the revenue raised by this modest increase is essential to weatherize our infrastructure to keep our community resilient in the face of extreme weather conditions, upgrade our aging utility infrastructure, prepare for growth, and address significant utility staffing challenges.
More on Txylo.com
- In2Scuba Diving Co. of Maui introduces its exclusive beginner scuba diving lessons
- Texas: Governor Abbott Reappoints Bickerstaff And Lunceford To Boards For Lease
- Daikin Comfort Technologies to Build $230 Million Manufacturing Facility in Mexico
- Always Ontime: Chaos City - Super Hero Graphic Novel with Neal Adams Cover Launches from Panopolis Metaverse
- Pro-Life And Pro-Love: Daystar Teams Up To Make Abortion Alternatives Accessible
We've heard both from City and CPS Energy leadership that there would likely be severe consequences if we did not approve this rate request. We risk a high likelihood of a credit rating downgrading of both our municipally-owned utility and the City of San Antonio–which would impact our ability to finance essential improvements in our community.
I understand many folks have lost trust in CPS Energy. We will continue to work with our neighbors and CPS leadership to restore trust and ensure accountability. We will continue to review their annual audits, ask tough questions, and have difficult conversations--like the one today.
We recognize the impact of an estimated five additional dollars on the average rate payer can pose a challenge for the most vulnerable in our community, but CPS Energy and the City are adamant in our commitment to continue providing utility assistance for those in need. As a reminder, folks in need of assistance can call 210-335-2222 or go to https://cpsenergy.com/utilityassistance. You can also call the City's Department of Human Services at 210-207-7830. Finally, the District 8 Office is always available to help neighbors. You can reach us by calling 210-207-0943 or emailing firstname.lastname@example.org."
Latest on Txylo.com
- 300+/- Acres of Light Industrial Land Available in Sinton, TX
- Audubon Appoints Ahad Esmaeilian to Vice President of Clean Energy
- Resound Networks and Globtel Holding Successfully Perform Fixed Wireless Access Test With 1 Gbps Downlink And 500 Mbps Uplink Throughput at 7 Miles
- For Quality Oil Rig Parts and Equipment Contact Triumph International
- Health Advisory: Protecting Yourself and Others from Monkeypox
- Contango ORE Announces Board Change and Operational Updates
- RC Mowers anticipates rapid growth with slate of new hires
- Kindle FREE June 28-29: Powerful new memoir from Santa Molina-Marshall poised to help heal abuse victims through inspiring storytelling
- GoodLoan.io announces new program to unlock up to $500,000 for Home Equity Investment
- Enterprise Clarifies Media Reports Regarding Proposed Ethylene Cracker
- Beck Properties Group Hires Professional Marketing Team
- Texas: Governor Abbott Announces 2022 Barbara Jordan Media Award Winners
- FAN EXPO Dallas Celebrated All Things Fandom at Kay Bailey Convention Center
- Charles Schwab Discloses Results of the Federal Reserve's 2022 Comprehensive Capital Analysis and Review
- Cosplay Universe" Documentary to Premiere at Anime Expo & in Theaters this Summer
- Texas: Governor Abbott Issues Letter To President Biden On EPA Plan That Threatens Oil And Gas Production In Permian Basin
- Kano Laboratories, Makers of Kroil, Announces Refreshed Branding for Extended Line of Industrial Product Solutions
- Michael Baker International Announces New Leadership Roles in Southern Region
- Reliant and the Astros Foundation Launch "Slide Into Summer Reading"
- Governor Abbott Appoints Four To Finance Commission Of Texas