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Smaller Rate HIke from CPS Energy?

By Bill O'Neil

CPS Energy is keeping up it's push for a rate increase--but that jump in your bill may be smaller than what was originally being asked for. 

"We've gone back and we've come up with a plan that we think we can significantly reduce the (bonnus) payout more--and I plan to review this with the Board of Trustees" said CPS Energy President and CEO Doyle Beneby--who told San Antonio City Councilmembers that could result in a smaller than the asked for 4.75% rate hike. 

Councilmembers seemed generally receptive to such an adjustment--though some tough questions continue to be raised--especially in the area of customer service. 

"For example--even the bills. Some of the constituents in our district want to know why is there residential bill more than their small business bill" said Councilwoman Rebecca Viagran--comments echoed by Councilman Ron Niremberg.  

"They can't get through, long wait times. I think this is one of the areas... low hanging fruit. We address that, we keep their lights on, there'll be less of a problem" Niremberg said. 

Council is expected to take afinal vote on the rate hike request in November.   

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Locations : Antonio City
People : DoylRebecca ViagranRon Niremberg
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