The cost for residential electric customers is projected to average 11.7 cents per kWh for January 2023.
The current 12 month average cost for residential electric customers is 12.8 cents per kWh.
The electric and gas charges found on your CPS Energy residential bill are made up of base rate components, the fuel adjustment, and the regulatory adjustment.
The formula for the residential electric base rate combines:
For the natural gas rate, the residential base rate includes the Service Availability Charge and the Energy Charge. Each of these items is listed on the back of your bill.
Retail rates contain an electric fuel adjustment or gas cost adjustment clause which provides for recovery of fuel costs.
For retail customers, the Fuel Adjustment Charge is calculated monthly and may appear as a charge or a credit on your monthly bill, depending on whether fuel costs for the period are higher or lower than the amount that is included in the base rate. It includes:
Effective March 1, 2022, CPS Energy began collecting legitimate fuel costs associated with Winter Storm Uri through electric and gas fuel adjustment factors. Winter Storm Uri recovery factors are currently $0.00087 per kWh for retail electric customers and $0.01335 per CCF for gas customers. CPS Energy continues to fight to protect our customers from excessive, exorbitant fuel costs associated with Winter Storm Uri.
Costs recovered through the Regulatory Adjustment include:
The City of San Antonio delivers a broad range of services – from waste collection to park maintenance – to you and your neighbors. The fees for many of those services are collected through your CPS Energy bill. For the city government, this is a convenient and efficient way to collect monthly fees. You’ll find a complete list of these fees under “City Services” on the back of your CPS Energy bill. CPS Energy is not responsible for providing these services. They include:
To find out more, contact San Antonio City Services & Information by dialing 311 or 210-207-6000 between the hours of 7:00 a.m. and 7:00 p.m. Monday through Friday or between 8:00 a.m. and 5:00 p.m. Saturday and Sunday and city holidays. Assistance is also available online at https://311.sanantonio.gov/services.