Members of the San Antonio City Council are exploring a way to head off recent fights over how to spend surplus revenue from CPS Energy.
Councilwoman Melissa Cabello Havrda filed a Council Consideration Request in September proposing that the city return some surplus CPS Energy revenue to the municipally owned utility.Recent fights over how to spend surplus revenue from CPS Energy have ended in tears, the censure of one council member and others abstaining from budget votes.
Last year the council was left to debate a windfall of $75 million from the utility, most of which wasbill in the state Senate Surplus funds were exceptionally high 2022 due to a hot summer and again in 2023 because CPS Energy was able to sell the electricity it produced onto the state’s power grid during periods of high energy demand.
Wednesday’s vote moved the recommendation to the full council at its next budget goal-setting session this spring.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Southeast Asia looks to renewable power for energy securityAs energy demand grows, Southeast Asia turns to renewable energy to safeguard its energy security.
Read more »
Southeast Asia looks to renewable power for energy securityAs energy demand grows, Southeast Asia turns to renewable energy to safeguard its energy security.
Read more »
Southwestern Energy’s stock surges on report of acquisition talks with Chesapeake EnergyWallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area.
Read more »
Crash in CPS testing platform leaves thousands of students awaiting exam in limboA crash in a Chicago Public Schools admissions testing platform has upended the plans of thousands of eighth graders in the city who opted to take a…
Read more »
Daily on Energy: The Senate fight over green building codesBreanne Deppisch is an energy and climate policy reporter at the Washington Examiner. A former national political reporter, she has closely covered campaigns, Congress, and the White House since 2016.
Read more »
Biden administration sanctions 10 Hamas members, financial network in response to terror attackThe Biden administration on Wednesday sanctioned 10 Hamas members and the militant terrorist organization's financial network in response to the surprise attack on Israel that left roughly 1,400 people dead and hundreds more kidnapped.
Read more »