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 |
 $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
- 1917 - San Antonio Public Service Company formed; owned by American Light and Traction
- 1942 - City purchases SAPSCo for $34 million[3]
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.
See also
References
- 1 2 "CPS Energy - Who We Are". Retrieved 2009-04-10.
- 1 2 "2005-06 Financial Summary" (PDF). Retrieved 2006-09-06.
- ↑ "History of CPS Energy". Retrieved 2009-04-10.
- ↑ , CPS Energy Energy Generation and Delivery | Retrieved 2011-03-18
- ↑ , CPS Energy to christen first solar plant | Retrieved 2011-03-18
- ↑ , JK Spruce Station | Retrieved 2011-03-18
- ↑ , JT Deely Stations | Retrieved 2011-03-18
- 1 2 Hamilton, Tracy Idell. "CPS will hear deal on power from STP". San Antonio Express-News. Hearst Communications. Retrieved 2011-04-22.
- ↑ CPS Energy website "History of CPS Energy", Retrieved on Jan. 20, 2011.
- ↑ CPS Energy website "2009-2010 Financial Summary", Retrieved on Jan. 20, 2011.