City Council OKs CPS Energy bill credit in budget vote

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City Council OKs CPS Energy bill credit in budget vote
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In an initial proposal, ratepayers would have received 13% of their July bill back as a credit on their bill in October. The version approved Thursday will offer a slightly lower rebate, an average of $29 for residential customers.

Councilwoman Phyllis Viagran introduced a budget amendment that would have set $42.5 million aside while City Council members determined how to use it. The amendment failed Thursday, clearing the way for rebates to CPS Energy customers.San Antonio City Council voted Thursday to approve a $3.4 billion budget for the 2023 fiscal year, including a plan to give CPS Energy’s residential and corporate customers a onetime credit on a future bill.

The money comes from $75 million in surplus revenue contributed to the city budget by CPS Energy due to an extremely hot summer. Liberal activists who signed up to speak against the rebate plan at Thursday’s meeting said Sandoval, who has worked on air quality and climate change projects for San Francisco Bay Area Air Quality Management District, had disappointed her supporters by not fighting forSandoval had previously expressed concern about the rebate plan, butto fund climate solutions was added to the city’s proposal for the CPS Energy revenue late this week.

Among the areas making up funding ground, the new budget includes salary increases for city employees and makes the entry-level wage $17.50 per hour. Walsh said that change was necessary to recruit and retain personnel to see through projects in the city’sCity Council added money to help buy down loan interest for small businesses, something the city already does.

City Council added an additional $200,000 to the previously $100,000 budgeted for the Martin Luther King Jr. March, following requests from the event’s organizers.

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