CPS Energy Announces A Second Public Input Period On Next Generation Of Energy Management - FlexSTEP

SAN ANTONIO, July 29, 2019 /PRNewswire/ -- CPS Energy's Save for Tomorrow Energy Plan (STEP) is an enterprise program that was thoughtfully designed to reduce its community's demand for electricity by 771 megawatts (MW), which is equivalent to the output of a large power plant, by the end of 2020. The estimated cost of the program was initially estimated at $849 million. Customer participation has been so successful that STEP will exceed its original MW reduction goal by the end of this year, and it is expected that San Antonio will reduce its electric demand by more than 800 MW, at a cost that is 15% less than originally forecasted.

Below is a summarized list of STEP accomplishments since 2009:


                               Program Type  
            
              Context                        
            
              Program Performance*                       
          
              Volume -
                                                                                                                                                                    MW Saved*

    ---                                                                                                                                                                  ---


            Solar                          Rebates for customers who install
                                             solar PV systems on their home or
                                             business.                           
     $134 million in solar rebates issued for 17,000 solar system installations.     
            162 MW

    ---                                                                                                                                                                                ---


            Energy Efficiency              Rebates for customers who adopt
                                             energy efficient lighting, air
                                             conditioners, attic insulation, and
                                             other products.                                           
            $283 million in rebates for 236,000 customers.     
            312 MW

    ---                                                                                                                                                                                ---


            Casa Verde                     Free weatherization (insulation and    Nearly 30,000 homes weatherized, helping those families
                                             other measures) upgrades for           save approximately $400 on their electric bill every
                                             income-qualified customers             year.
                                             designed to increase the energy
                                             efficiency of their homes.                                                                                             
            96 MW
    Weatherization

    ---                                                                                                                                                                                ---


            Demand Response                Programs to help reduce peak energy    Reduction in the demand for energy during the hottest
                                             demand for both residential and        parts of summer from 740 large commercial customers and
                                             commercial customers and include       150,000 thermostats installed in residential customer
                                             programs like WiFi Thermostat          homes
                                             Rewards and Reduce My Use.                                                                                            
            255 MW

    ---                                                                                                                                                                                ---


            
              Total                                                                                                                                    
            825MW

    ---



               *Estimated through
                completion of program in
                January 2020.

With the first initiative nearing a successful completion, CPS Energy will be reaching out to the community to solicit input on FlexSTEP, the next generation of energy management programs for its customers. Seeking feedback from a broad array of customers and key stakeholders, CPS Energy will use the information that it gathers to update, design, and create programs and services that meet the needs of its diverse set of customers.

President & CEO of CPS Energy, Paula Gold-Williams commented, "I often say that everything costs money and once again the spend was structured to be strategic and beneficial to our customers. This program began in 2009 when we were authorized by a City of San Antonio ordinance to fund STEP as part of everyone's bills. It is a community-based program and along the way, it has allowed our San Antonio metropolitan community to achieve the following:

    --  While still accommodating economic growth, we thoughtfully controlled
        energy usage throughout San Antonio. Conversely, uncontrolled growth
        would have pushed us to build new power plants too quickly. This has
        kept customer bills from rising too steeply, over the last six years.
    --  We successfully replaced older Deely coal-fired operating units with a
        newer gas plant that is in nearby Seguin, TX.
    --  We continue to successfully diversify our power generation assets,
        including now having close to 600 MW of solar and over 1,000 MW of wind
        capacity. Our other gas, newer and less emitting coal, and nuclear power
        plants continue to run well. Our comprehensive assets and programs serve
        both our city and state very well.
    --  We have one of the largest thermostat management programs in the state
        and nation."

"We have blended our STEP results with our diverse power portfolio very effectively, balancing important considerations about security, safety, reliability, resilience, the environment and affordability, every step of way. It is our accountability and honor to do so, 24/7/365," Gold-Williams concluded.

CPS Energy will host focus groups, working sessions and stakeholder meetings to ensure that they hear all points of view. Additionally, helpful information will be posted online, including the addition of a new survey tool located at cpsenergy.com/FlexSTEPsurvey. CPS Energy will also make this quick survey, and other key information, available at their People First! Community Fairs and Customer Service Centers.

CPS Energy feels proud that its level of commitment to energy conservation and investment in the San Antonio community is a model for other utilities in Texas, and they look forward to continuing to provide secure, safe, affordable, reliable, environmentally responsible, and resilient energy for their customers.

About CPS Energy
Established in 1860, CPS Energy is the nation's largest public power, natural gas and electric company, providing safe, reliable, and competitively-priced service to 840,000 electric and 350,000 natural gas customers in San Antonio and portions of seven adjoining counties. Our customers' combined energy bills rank among the lowest of the nation's 20 largest cities - while generating $7 billion in revenue for the City of San Antonio for more than seven decades. As a trusted and strong Community partner, we continuously focus on job creation, economic development and educational investment. True to our People First! philosophy, we are powered by our skilled workforce, whose commitment to the community is demonstrated through our employees' volunteerism in giving back to our city and programs aimed at bringing value to our customers. 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 cpsenergy.com.

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SOURCE CPS Energy