At a recent meeting, CPS Energy's Board of Trustees, the utility's five-member policy-making body, unanimously approved a resolution that will enable the company to participate in development activities related to new nuclear electrical-generating capacity, including the proposed South Texas Project (STP) nuclear power plant Units 3 and 4. The resolution allows the company to make initial financial commitments toward pursuing nuclear development, to begin a public process to discuss the addition of more nuclear power with customers, and to negotiate a Supplemental Partnership Agreement with STP co-owner NRG Energy that contains terms acceptable to CPS Energy.

The resolution is not a firm commitment to take part in the proposed construction and operation of new nuclear units at STP. However, CPS Energy believes that, after more than a year of reviewing options for a substantial, long-term supply of electricity for the seventh-largest city in the nation, nuclear energy is San Antonio's best alternative. Electricity produced at STP currently satisfies about a third of the community's annual requirements. Additionally, the comparatively low cost of nuclear fuel in generating electricity has helped Greater San Antonio achieve the enviable position of having the lowest energy bills among the nation's 20 largest cities. Besides, nuclear energy produces no greenhouse-gas emissions.

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