The San Antonio area’s rapid growth has CPS Energy openly talking about a potential rate increase in 2026 to keep up with power demands.
CPS Energy declined an interview opportunity with Texas Public Radio on Friday but did release this statement.
“We have openly discussed the fact that we are in a period of high investment to serve our community with reliable and affordable power for the long term as our population continues to grow,” the statement began. “When appropriate, we will continue to have discussions with our owner, the City of San Antonio, our Board of Trustees, and our community about the need for additional rate support,” it added…