The CPS Energy Board of Trustees (“the Board”) serves as the governing body of our electric and gas utility, CPS Energy, which serves more than 950,000 electric customers and 389,000 gas customers in the greater San Antonio area. With over $14.1 billion in assets, CPS Energy’s Fiscal Year 2024 revenues totaled over $3.4 billion. More information appears on the CPS Energy Fact Card.

The Board is seeking applications for the Quadrant 2 position, which includes portions of City Council Districts 1, 2, 5, 9, and 10. The term will begin February 1, 2026.

Members of the public are invited to attend two informational sessions, scheduled for July 9, 2025 at 5:30p.m. and August 12, 2025 at 12:00p.m. (dates and times subject to change), at CPS Energy Headquarters, 500 McCullough Avenue. A recording of the sessions will be available online.

Authority of the Board

The Board oversees CPS Energy’s management and operations through strategy development and policy guidance. It has full authority to make rules and regulations governing the furnishing of electric and gas service to customers and for the terms and conditions for such services. The Board has full authority for making extensions, improvements, and additions as it relates to CPS Energy services.

Role of the Board

The role of the Board is generally described in Bond Ordinances adopted by the San Antonio City Council. According to the section entitled Management of the Systems:

[“The Board of Trustees shall have absolute and complete authority and power with reference to the control, management, and operation of the Systems and the expenditure and application of the revenues of the Systems subject to the provisions contained in this Ordinance, all of which shall be binding upon and shall govern the Board of Trustees.”]

— City of San Antonio, Bond Ordinance

Purpose of the Board

The ordinance that establishes the Board’s authority provides that the Board may “manage” in a manner similar to private corporations. It is a general practice for boards of directors in private corporations, which have part-time board members, to hire managers to administer the daily affairs of the business. This allows the Board to focus its limited time on matters of vision and purpose of the corporation, the review and execution of its strategy, and oversight of organizational performance toward fulfilling its vision and purpose. Consistent with that model, the purpose of the Board is generally stated as to:

1. Ensure the future viability and prosperity of CPS Energy; and
2. Ensure proper performance oversight of CPS Energy.

Activities of the Board

The activities that the Board undertakes to fulfill its duties are:

• Lead in partnership with the President & CEO in developing and articulating CPS Energy’s vision;
• Review and approve management’s strategic and business plans to achieve the vision;
• Establish and provide guidance on policies that promote effective stewardship and allocation of company resources;
• Ensure management succession planning;
• Select, support and develop performance standards for the President & CEO;
• Understand, provide oversight and monitor the performance of the President & CEO;
• Review and approve large financial transactions;
• Exercise appropriate oversight regarding risk mitigation;
• Set the tone for ethical behavior to preserve public confidence;
• Serve the customer first among various stakeholders;
• Follow all applicable laws; and
• Promote trust within and among stakeholders.

Number of Trustees

The Board is composed of five Trustees: four trustees are nominated by the existing members of the Board and confirmed by the San Antonio City Council, and the fifth trustee is the Mayor of the City of San Antonio who serves as an Ex-Officio Member. All five Trustees are voting positions. Each of the appointed Trustees serves a five-year term and is eligible for one additional five-year term.

Trustees must be United States citizens and permanent residents of Bexar County and must agree to comply with the City’s Ethics Code limiting the business dealings a Board Member, and his/her immediate family members, may have with the City and with CPS Energy. Trustees must also be a resident of the respective quadrant, and for this position, all applicants must be a resident of Quadrant 2. As part of the Application process, applicants will also be asked financial questions about their payment of taxes and the status of their CPS Energy electric and gas accounts.

Trustees are also required to file an annual Financial Disclosure report with the City.

Skills, knowledge, and expertise

There are no specific legal requirements for the skills, or the kinds of business/professional experience Board Members must have. However, preferred experience, knowledge, and skills for nominees include the following:

• Strategic planning and management- ability to understand and provide oversight responsibility and input regarding complex management and strategic design;
• Business experience – a minimum of 15 years of experience concentrated in one or more of the following fields:
  • Accounting
  • Corporate
  • Economics
  • Energy
  • Government
  • Information Technology/Cybersecurity
  • Legal
  • Marketing
  • Real Estate
• Financial expertise – ability to understand financial reporting, financing options, and all aspects of significant commercial transactions.
• Corporate governance experience – and understanding of the role of a corporate/municipal board and the responsibilities of board members demonstrated through service on an advisory or corporate governing board;
• Military or community leadership experience;
• Public policy issue expertise – experience with and an appreciation for the unique responsibilities and requirements imposed on CPS Energy as a municipally owned utility;
• Leadership, management and communication skills;
• General Business aptitude and acumen; and
• Preferred Educational Background – a bachelor’s degree in Business, Finance, Accounting, or Political Science or an M.B.A. or a master’s degree in Finance or Public Administration/Public Policy.

Board of Trustee members need to prepare for and attend various meetings, including (at least 20 hours per month):

• Monthly Board Meetings;
• Quarterly Committee Meetings;
• Special Board Meetings;
• Group and individual work sessions, as needed; and
• Telephone meetings, as needed.
• Travel to conferences, as needed;
• Ability to serve up to 10 consecutive years; and
• Assume the rotating Chair/ Vice-Chair position as it rotates every 2 years.

Compensation of $2,000 is paid annually to Trustees and $2,500 to the Chair of the Board.  

Please exercise due diligence and careful attention when applying.

Public disclosure - Information within your application may be subject to disclosure under the Texas Public Information Act. This means that ANYONE may request to view your application or ask for copies.

Financial disclosure - If selected to the Board, the City's Ethics Code requires you to submit a Financial Disclosure Report no later than thirty (30) days after accepting the appointment and annually thereafter by March 31.

Note: All information provided herein or pursuant hereto is considered public record upon receipt and will be verified.

Serving on the CPS Energy Board of Trustees is a significant civic responsibility. Every individual seeking appointment to the CPS Energy Board of Trustees must complete and submit the
following application.

• Completed applications must be received by CPS Energy by 5:00 p.m. CST on August 29, 2025.
• The Acknowledgment and Notice portion of the application must be signed before an application is considered complete.
  

To apply online, please click here to complete the Board of Trustees application.

If you prefer to apply by mail or by delivering the application to our headquarters, you can download the application below. Please download and save the application to your computer before filling it out. Some fields, including the signature line, may not be accessible when viewed in a browser.

Paper copies of the application are also available at CPS Energy Service Centers throughout
Quadrant 2. 

You can return your downloadable application in the following ways by 5:00 p.m. CST on
August 29, 2025:

• Email: [email protected] with your name in the subject; or
• Mail or hand delivery: CPS Energy
                                          Attn: Board of Trustees
                                          500 McCullough, Mail Drop CT1501
                                          San Antonio, TX 78215

Letters of recommendation are not required. However, up to five people who would like to express
their support for you may send letters of endorsement. They can be provided through the online application or by using the addresses provided above and must also be received by 5:00 p.m. CST on August 29, 2025.