CPS Energy Named Public Power Utility of Year

SAN ANTONIO, June 27, 2017 /PRNewswire/ -- CPS Energy was named the Public Power Utility of the Year award by the Smart Electric Power Alliance (SEPA) for the utility's forward thinking in new generation sources and using technology on the grid to facilitate access to distributed energy resources.

CPS Energy is an industry leader for its diversification of its energy portfolio while embracing renewable energy and new technologies to meet its energy demands. The utility is installing battery storage and distributed generation such as solar panels to both improve reliability and reduce the demand for electricity.

"This is about us putting into practice our thought leadership around meeting customer expectations. Many of our customers want reliable, clean electricity – preferably with little or no emissions," said President & CEO Paula Gold-Williams. "Where some other utilities talk about how it could be done, we ask ourselves how it can be done today."

Gold-Williams said the utility already has 76 megawatts of installed rooftop solar in addition to nearly 450 megawatts of solar farm generation and is looking for ways to install even more in the future. Leveraging technologies such as the smart meters the utility has installed on its system, Gold-Williams said the utility has already achieved state leadership in this area. Beyond our state borders, the SEPA award recognizes that leadership.

"It's always great to be recognized for your efforts, but it's truly motivating to be recognized as a national leader like we are with the SEPA award," Gold-Williams said.

The award will be given July 26 in Washington, DC as part of SEPA's Grid Evolution Summit: A National Town Meeting.

CPS Energy is celebrating its 75th year of City of San Antonio ownership. Established in 1860, we are the nation's largest municipally owned natural gas and electric company, providing safe and affordable service to 804,000 electric and 343,000 natural gas customers in Greater San Antonio. With our AA+ credit rating, one of the best in the industry, we offer best in class reliability and some of the lowest rates among the top 10 largest U.S. cities. We recognize our role as a community partner and are continuously focused on job creation, economic development and educational investment. Powered by our people, our investment in the community is demonstrated through our employees' generosity in giving $1.1 million to United Way. We are also committed to investing in clean energy. CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation. For more information, visit newsroom.cpsenergy.com.

SOURCE CPS Energy

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