Industry Energy Number of employees 3,100 Type of business Municipal corporation | Website cpsenergy.com Founded 1942 | |
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Key people Paula Gold-Williams (President & CEO) Products Electricity and Natural Gas Revenue $2.5 billion USD (2016) CEO Paula Gold-Williams (1 Nov 2015–) Headquarters San Antonio, Texas, United States Profiles | ||
Cps energy
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 786,000 electricity customers and more than 339,000 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. CPS Energy's diverse fuel generation mix includes nuclear power (35%), coal (34%), natural gas (15%) and renewable energy (16%).
Contents
Cps energy and power across texas
History
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.