18 Facts About CPS Energy

What is CPS Energy?

CPS Energy is a public utility company based in San Antonio, Texas. It provides electric and natural gas services to the city and surrounding areas. Here are some interesting facts about CPS Energy that you might not know.

1. CPS Energy is the largest municipally owned energy utility in the United States. It serves over 860,000 electric customers and 358,000 natural gas customers.

2. The company was founded in 1942 when the City of San Antonio purchased the assets of the San Antonio Public Service Company.

3. CPS Energy generates power from a diverse mix of sources, including natural gas, coal, nuclear, and renewable energy like wind and solar.

Renewable Energy Initiatives

CPS Energy has been a leader in adopting renewable energy sources. Their commitment to sustainability is evident in their various initiatives.

4. CPS Energy aims to generate 50% of its electricity from renewable sources by 2040. This goal is part of their "Flexible Path" strategy.

5. The utility has invested heavily in solar power, with over 500 megawatts of solar capacity currently in operation.

6. CPS Energy is also a major player in wind energy, with contracts for over 1,000 megawatts of wind power.

Community Involvement

CPS Energy is deeply involved in the community, offering various programs and initiatives to support local residents.

7. The company offers a "Save for Tomorrow Energy Plan" (STEP) that aims to reduce the community's demand for electricity by 771 megawatts by 2020.

8. CPS Energy provides financial assistance to low-income customers through its "Affordability Discount Program."

9. The utility also supports local education through scholarships and grants, particularly in STEM fields.

Technological Innovations

CPS Energy is not just about providing energy; they are also at the forefront of technological advancements in the utility sector.

10. The company has implemented smart grid technology to improve the reliability and efficiency of its electric distribution system.

11. CPS Energy is exploring the use of battery storage systems to store excess renewable energy for use during peak demand periods.

12. They are also investing in electric vehicle (EV) infrastructure, including public charging stations throughout San Antonio.

Environmental Stewardship

CPS Energy takes its environmental responsibilities seriously, implementing various measures to minimize its ecological footprint.

13. The utility has a comprehensive recycling program that includes the recycling of old transformers, meters, and other equipment.

14. CPS Energy has planted over 20,000 trees in the San Antonio area as part of its environmental initiatives.

15. The company is committed to reducing its carbon emissions and has already reduced its carbon footprint by 17% since 2011.

Economic Impact

CPS Energy plays a significant role in the local economy, providing jobs and contributing to economic development.

16. The utility employs over 3,000 people, making it one of the largest employers in San Antonio.

17. CPS Energy contributes millions of dollars annually to the City of San Antonio's general fund, helping to support public services like police, fire, and parks.

18. The company also supports local businesses through its supplier diversity program, which aims to increase the participation of minority-owned and women-owned businesses in its supply chain.

Final Thoughts on CPS Energy

CPS Energy stands out as a unique utility provider. It's not just about delivering power; it's about community, sustainability, and innovation. From its roots in San Antonio to its commitment to renewable energy, CPS Energy has made significant strides. Their focus on customer service, coupled with their dedication to reducing carbon emissions, showcases their forward-thinking approach. The utility's initiatives, like the Save for Tomorrow Energy Plan (STEP), highlight their dedication to a greener future. Moreover, their involvement in community programs and educational outreach underscores their role as a community partner. Whether you're a resident of San Antonio or just curious about energy providers, CPS Energy's story is one of progress and dedication. Their journey reflects a blend of tradition and modernity, aiming to power the future while respecting the past.