CPS Energy

CPS Energy
Municipal corporation
Industry Energy
Founded 1942[1]
Headquarters San Antonio, Texas, USA
Key people
Doyle Beneby (President & CEO)
Products Electricity and Natural Gas
Revenue Increase$1.9 billion USD (2010)[2]
Number of employees
3,688 (2010)[2]
Website cpsenergy.com

CPS Energy of San Antonio, Texas (formerly "City Public Service"), has combined natural gas and electric service. Fourteen percent of all utility revenues are returned to the City of San Antonio, and those revenues make up more than 20 percent of the City of San Antonio's annual operating budget. Acquired by the City in 1942, CPS Energy serves over 741,000 electricity customers and more than 331,000 natural gas customers in its 1,566-square-mile (4,060 km2) service area, which includes Bexar County and portions of its 7 surrounding counties.[1] CPS Energy's diverse fuel generation mix includes nuclear power (35%), coal (34%), natural gas (15%) and renewable energy (16 percent).

History

Generation Sources

Plant Name[4][5][6][7] Type Rated Capacity Year Completed Cost Notes
Blue Wing Solar Project Solar-PV 14MW 2010 Partner with Duke Energy
South Texas Project Unit 1 Nuclear 1250MW 1987 $2.25 Billion 40% Owner with NRG Energy and City of Austin
South Texas Project Unit 2 Nuclear 1250MW 1988 $2.25 Billion 40% Owner with NRG Energy and City of Austin
JK Spruce Unit 1 Coal-Fired 556MW 1992
JK Spruce Unit 2 Coal-Fired 780MW 2010 $1 Billion Design Capacity was 750MW, Analysis revealed capable of 780MW
JT Deely Unit 1 Coal-Fired 486MW 1977 Decommission planned for 2018[8]
JT Deely Unit 2 Coal-Fired 446MW 1978 Decommission planned for December 2018[8]
OW Sommers 1 Natural Gas 430MW
OW Sommers 2 Natural Gas 430MW

Governing Structure

CPS Energy is governed by a five-member Board of Trustees. The Mayor of San Antonio serves as an ex officio member, for as long as s/he is the Mayor. The other four members represent the four geographical quadrants of the City, and must reside within the quadrant they represent. They are nominated by the remaining trustees, for a five-year term with eligibility to serve one additional term. The nominations must be approved by majority vote of the San Antonio City Council.

In addition, a 15-member Citizens Advisory Committee serves as a liaison between CPS Energy and the citizens of San Antonio. Ten of the members are nominated by the 10 City Council members (one from each district), while the remaining five are chosen from applicants who are interviewed by the Board. The Board approves all 15 members, who must reside in the CPS Energy service territory and be customers of CPS Energy as well.

[9] [10]

See also

References

  1. 1 2 "CPS Energy - Who We Are". Retrieved 2009-04-10.
  2. 1 2 "2005-06 Financial Summary" (PDF). Retrieved 2006-09-06.
  3. "History of CPS Energy". Retrieved 2009-04-10.
  4. , CPS Energy Energy Generation and Delivery | Retrieved 2011-03-18
  5. , CPS Energy to christen first solar plant | Retrieved 2011-03-18
  6. , JK Spruce Station | Retrieved 2011-03-18
  7. , JT Deely Stations | Retrieved 2011-03-18
  8. 1 2 Hamilton, Tracy Idell. "CPS will hear deal on power from STP". San Antonio Express-News. Hearst Communications. Retrieved 2011-04-22.
  9. CPS Energy website "History of CPS Energy", Retrieved on Jan. 20, 2011.
  10. CPS Energy website "2009-2010 Financial Summary", Retrieved on Jan. 20, 2011.

External links

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