SAN ANTONIO (KTSA News) — CPS Energy announced Tuesday the $42.5 million rebate approved by the San Antonio City Council will appear on December bills.
The city council approved the rebate earlier this month as part of the city’s fiscal year 2023 budget. It was not clear at the time of the budget’s approval whether the credits would appear on the November or December bill.
The amount of the credit will be based on a customer’s July 2022 power usage.
The credit amounts will be as follows:
- Up to 1,000 kilowatt hours will receive up to $18.
- 1,000 kilowatt hours to 2,000 kilowatt hours will get $18 to $36.
- 2,001 kilowatt hours to 4,000 kilowatt hours will get between $36 and $72.
The average CPS Energy customer will receive a credit of $29.