Councilman Mario Bravo said he’d like to see the city-owned utility move past its “love affair with natural gas,” but interim CEO Rudy Garza said it’s too reliable a power source for CPS Energy to abandon just yet.
CPS Energy’s Calaveras Power Station generates power from natural gas and coal in Southeast San Antonio. The city-owned utility is considering converting one coal-fired plant to natural gas by 2030.While San Antonians have certainly noticed gas prices at the pump have skyrocketed, that’s not the only place their wallets are taking a hit.
CPS Energy both supplies and uses natural gas. It supplies natural gas to customers who use it for cooking, heating water or powering their dryer. It uses natural gas to generate electricity at its gas-fired power plants, Braunig and Sommers. While CPS Energy plans to close these plants by 2026, it is considering converting its coal-powered Spruce 2 unit to a natural gas-fired unit by 2030.
Those are some of the ways the utility has limited the increase customers are seeing on their bills from the full 70% increase in the retail cost of natural gas, he said. A diversified fuel strategy that has made CPS Energy less reliant on natural gas has also helped, Kuchinsky noted in his letter. Utility officials say about 4% of the increase in residential gas and electric bills are from the recent rate increase and fuel costs from Winter Storm Uri; the rest can be attributed to higher natural gas costs.The increase can be seen in the fuel adjustment charge on customers’ bills.
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