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CPS Energy (formerly "City Public Service Board of San Antonio") is the municipal electric utility serving the city of San Antonio, Texas.Acquired by the city in 1942, CPS Energy serves over 840,750 electricity customers and more than 352,585 natural gas customers in its 1,566-square-mile (4,060 km 2) service area, which includes Bexar County and portions of its 7 surrounding counties.
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The plant is named after former CPS General Manager, Jack Spruce. [7] A LO-NOx burner was installed to Unit 1 in 1999 to reduce nitrogen oxide ( NO x ) emissions. [ 6 ] In order to meet future electricity demand, CPS Energy commissioned Unit 2 in 2005 and was completed in 2010 at a cost of $1 billion. [ 5 ]
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In October 2009, main contractor Toshiba had informed CPS Energy that the cost would be "substantially greater," possibly up to $4 billion more. As a result of the escalating cost estimates for units 3 and 4, [18] in 2010 CPS Energy reached an agreement with NRG Energy to reduce CPS's stake in the new units from 50% to 7.625%. To that point ...
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