The report outlines many efforts, including lowering carbon emissions, increasing sustainability, and addressing energy equity to help customers in need.
August 21, 2024 (San Antonio, TX) – CPS Energy has published its 2023 Community Impact Report, which details the progress in executing the utility’s strategic plan known as Vision 2027. The plan is focused on increasing energy reliability and resiliency, improving the customer experience, maintaining financial stability, and achieving goals such as the approved generation plan aimed at achieving a pathway to net zero and meeting San Antonio’s Climate Action & Adaptation Plan (CAAP). You can view and learn more about CPS Energy’s Community Impact Report here.
“I’m proud of the work CPS Energy did in 2023 to serve our community while also remaining focused on our mission of growing into the utility our community will need in the future,” said CPS Energy’s President and CEO Rudy D. Garza. “Our Vision 2027 strategic plan will continue to guide us through this time of transformation.”
“CPS Energy is driving a future where sustainability and energy equity are non-negotiable. Our actions today are building the resilient, reliable, and inclusive energy systems our community deserves,” said Janie Martinez Gonzalez, Chair of the CPS Energy Board of Trustees.
CPS Energy aims to meet CAAP interim goals to reduce carbon emissions by 41% by 2030 and 71% by 2040 from 2016 levels. The utility will retire aging units and add more renewable energy. As of January 2024, renewable resources included 1049 megawatts (MW) of wind, 552 MW of solar, and 10 MW of battery storage.
CPS Energy made significant progress through its Sustainable Tomorrow Energy Plan (STEP), which offers 19 different energy savings programs and rebates aimed at helping customers reduce energy usage, save money, and reduce overall energy demand on the grid. The utility signed up more than half of its existing customer base in these STEP programs.
The report also highlights the utility’s commitment to environmental stewardship and infrastructure resilience. CPS Energy enhanced emergency planning with the City of San Antonio (CoSA) and San Antonio Water System (SAWS) to better respond to emergencies during extreme weather while maintaining services.
As part of CPS Energy’s community impact, in 2023, the utility participated in 1,800 community outreach events and invested $1 billion in local and diverse business owners and suppliers.
CPS Energy’s efforts demonstrate the focus on its commitment to serving the community by ensuring the utility can meet today’s and tomorrow’s energy needs.
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About CPS Energy
Established in 1860, CPS Energy is the nation’s largest public power, natural gas, and electric company, providing safe, reliable, and competitively priced service to more than 930,114 electric and 381,379 natural gas customers in San Antonio and portions of seven adjoining counties. Our customers’ combined energy bills rank among the lowest of the nation’s 20 largest cities – while generating $9 billion in revenue for the City of San Antonio for 80 years. As a trusted and strong community partner, we continuously focus on job creation, economic development, and educational investment. We are powered by our skilled workforce, whose commitment to the community is demonstrated through our employees’ volunteerism in giving back to our city and programs aimed at bringing value to our customers. CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation.