CPS Energy says no rate hike is planned as Texas braces for massive energy demand surge
CPS Energy executives confirm no rate hike is planned as Texas faces peak energy demand during hot weather.
By Hunter King, Adam B. Higgins·3 hr ago
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As temperatures soar across Texas this week and the state's power grid faced back-to-back peak demand days, the leaders of CPS Energy and ERCOT sat down with KSAT to address two questions on the minds of San Antonians.
And: Are electric bills about to go up?
The short answers, according to both executives: Yes, and, not right now.
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