CPS Energy
From Wikipedia, the free encyclopedia
| CPS Energy | |
 |
|
| Type | Municipal corporation |
|---|---|
| Founded | 1942[1] |
| Headquarters | San Antonio, Texas |
| Key people | Milton B. Lee (CEO), Clayton T. Gay, Jr. (Chair of Board of Trustees) |
| Industry | Energy |
| Products | Electricity and Natural Gas |
| Revenue |  $1.75 billion USD (2006)[2] |
| Employees | 3,884 (2006)[2] |
| Website | www.cpsenergy.com |
CPS Energy of San Antonio, Texas (formerly City Public Service, aka CPS) is one of the nation's largest municipally owned utilities, contributing to over 20% of the city's annual operating budget. Acquired by the city in 1942, CPS serves over 600,000 electricity customers in its 1,566-square-mile service area and over 300,000 natural gas customers in urban San Antonio.[3]
Contents |
[edit] History
- 1917 - San Antonio Public Service Company formed; owned by American Light and Traction
- 1942 - City purchases SAPSCo for $34 million[4]
[edit] See also
[edit] References
- ^ CPS Energy - About Us. Retrieved on 2006-09-06.
- ^ a b 2005-06 Financial Summary. Retrieved on 2006-09-06.
- ^ CPS Energy - Careers. Retrieved on 2006-09-06.
- ^ CPS Energy - History. Retrieved on 2006-09-06.
