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Section A: General News


FELPS electric rates to increase




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March 28, 2012 | 1,496 views | 1 comment

CPS Energy provides the city of Floresville Electric Light & Power System (FELPS) with reliable, cost-competitive electric power under a Wholesale Power Agreement between CPS Energy of San Antonio and FELPS.

In accordance with the terms of the agreement, CPS Energy will raise the cost of the electric power provided to FELPS by 5.25 percent. This increase will take effect on CPS Energy bills dated after May 1. The FELPS rates state that all wholesale power costs are directly passed through to FELPS ratepayers; therefore, the increase will become effective on FELPS bills dated May 25 and due June 10.

This price increase is based on the change in the Consumer Price Index and reflects CPS Energy’s cost of doing business.
 

Your Opinions and Comments

 
The Marcelina Muse  
Dry Tank, TX  
March 29, 2012 11:53am
 
Fortunately CPS had the foresight to purchase natural gas generating capability, although still using the coal fired units until 2018. The Obama administration's war on coal will either shut down coal generating units or make ... More ›

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Section A: General News Archives


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