CPS Rates on the Rise in San Antonio Amidst Texas Energy Turmoil 

 In the scorching landscape of Texas energy, while Houston and Dallas are already feeling the heat with rates boiling over, San Antonio seems to be simmering at a slower pace. But is the City Public Service (CPS) in San Antonio just playing catch-up, and are residents truly shielded from the rate hikes that have hit their big-city neighbors? As we approach February 2024, brace yourselves for the impending rate hike from CPS, the monopolistic electric giant in San Antonio. While other cities have seen rates rise to 17 and 20 cents, is it just a matter of time before the slow cooking in San Antonio reaches a boiling point? Let’s delve into the simmering concerns that might soon leave residents in hot water. 

The Monopoly Game: CPS Rubber Stamps Another Rate Hike 

In the monopoly game of electric utilities, CPS in San Antonio holds a significant piece of the board. Rate hikes are nothing new, and this time, the city has rubber-stamped yet another increase, set to take effect in February 2024. The residents of San Antonio have seen a series of rate hikes, and as history suggests, these decisions rarely favor the wallets of consumers. The question that lingers: Is CPS simply following the footsteps of their deregulated counterparts in Houston and Dallas, where rates have already surged? 

Texas Heatwave: Boiling Rates in Houston and Dallas 

While San Antonio may have been simmering, Houston and Dallas residents are already grappling with boiling rates, reaching as high as 17 to 20 cents. The energy landscape in deregulated markets is facing a perfect storm – a massive influx of new residents coupled with a dwindling supply of on-demand power. Grid operators seem to be struggling to keep pace, evidenced by the continuous shutdowns of coal plants. With the impending EV tax credit in 2024 set to shrink the energy supply even further, the demand for electricity is poised to far surpass the available support. The result? An imminent financial storm with rates ready to skyrocket. 

The Brewing Storm: CPS and the Looming Rate Surge 

As the energy professionals’ term, it, the “on-demand power” in Texas is failing to match the rapid growth, and the consequences could be financially catastrophic. In San Antonio, while the rates may not have hit the boiling point yet, the storm is brewing. The looming surge in rates is more a matter of ‘when’ than ‘if.’ The monopoly game played by CPS may be slower, but the outcome appears to be inevitable. As the demand for electricity outstrips the available supply, San Antonio residents are poised to feel the scalding effects on their wallets sooner rather than later. 

Conclusion: 

 In the sizzling cauldron of Texas energy, as we approach the CPS rate hike in February 2024, it’s crucial for residents to recognize that the slow simmer may not shield them from the financial storm that’s brewing. While Houston and Dallas are already experiencing boiling rates, San Antonio’s turn seems imminent. The monopolistic practices of CPS, coupled with a rapidly changing energy landscape, create the perfect conditions for a surge in rates. The writing is on the wall, and as the demand for electricity continues to surge, the financial repercussions for consumers are clear – rates are set to skyrocket. 

Call to Action: Beat the Heat with Sustainable Solutions 

Amidst the rising rates and the brewing storm, San Antonio residents have the power to take control of their energy destiny. Consider exploring sustainable solutions like solar energy to reduce dependence on the grid and offset potential rate surges. By adopting energy-efficient practices and investing in renewables, homeowners can beat the heat, protect their wallets, and contribute to a more resilient and sustainable energy future. The time to act is now, before the slow simmer becomes an unavoidable boil. 

Have you ever dreamed of completely eliminating your electric bill and achieving the coveted zero utility bill? It’s an enticing prospect, and for many homeowners, solar power has been the beacon of hope leading them towards this energy utopia. However, recent developments suggest that the window of opportunity to reach this zero-bill nirvana might be closing sooner than you think. One of my solar clients in California recently shared a startling revelation about restrictions on overproducing solar energy. Could this trend soon make its way to Texas? Is the era of achieving a zero electric bill under threat? Let’s unravel the unfolding story.

The California Precedent:

A Glimpse into the Future California, often at the forefront of environmental initiatives, has taken a stance on overproducing solar energy. My client in the Golden State revealed that the electric company required him to sign an affidavit stating that his excess solar energy was explicitly intended for charging an electric car he planned to purchase. In other words, eliminating your electric bill through overproduction is now prohibited in California. As the saying goes, “everything that happens in California goes to the rest of the Country.” Could this signal an approaching shift in regulations for Texas, with ERCOT and CPS considering similar restrictions?

The Domino Effect:

Will ERCOT and CPS Follow Suit? As solar energy gains momentum as a mainstream power source, it’s essential to consider the potential ripple effect of regulations. If California’s proactive approach becomes a national trend, it might not be long before ERCOT and CPS enact policies restricting overproduction in Texas. The dream of achieving a zero electric bill by producing surplus solar energy could be jeopardized. Homeowners accustomed to the idea of using overproduction as a strategic tool to offset energy costs may find themselves facing unforeseen limitations.

Act Now:

The Closing Door on Zero Electric Bills If you’ve been contemplating the switch to solar power to eliminate your electric bill, the time to act is now. The door to achieving a zero utility bill through overproducing solar energy may be closing sooner than expected. With the threat of skyrocketing energy costs, taking advantage of this limited-time opportunity is crucial. But what exactly does overproducing mean, and how can it benefit you?

Limited-Time Opportunity:

Overproduce and Achieve Zero Bills Overproducing solar energy involves adding more solar panels to your roof than necessary to cover 100% of your consumption. This surplus can be a strategic advantage, offsetting future energy costs and potentially leading to a zero electric bill. Don’t miss out on this limited-time opportunity to overproduce and secure your energy independence. Act now, consult with solar installers, and explore how you can harness the power of the sun before regulations may change, closing the door on the dream of a zero electric bill.

As renewable energy continues to gain popularity, more homeowners are considering switching to solar energy. However, for many, trying to understand the solar opportunity is difficult when compared to hooking up their electricity meter. While utility hook-up is a simple proposition, the solar proposition is essentially setting up your own micro-grid. Homeowners will own their own energy production, and this is a very different concept to wrap your mind around. In this article, we will explore the benefits of investing in solar systems in San Antonio and how it can be a worthwhile investment. 

Should homeowners wait for a political savior or take action now to protect their family’s lifestyle?

As the world faces unprecedented economic and political uncertainties, many homeowners are putting their hopes on a political savior to save the day. However, the idea that a politician or even a group could stop government spending from increasing the national debt is almost laughable. With debt ceiling issues looming and the cost of maintaining the national debt increasing steadily, it is not inconceivable that the US could default on its debt. Furthermore, the growing likelihood of a war in Ukraine and the impact of the World Economic Forum’s ideas on ESG on utility decisions are making the future of energy generation even more uncertain. Against this backdrop of potential threats, it is important to consider a solar installation as a hedge against economic and political uncertainties in San Antonio. 

Do not Fall for Greedy Solar Salespeople, choose a Company That Cares About Your Experience 

As more and more homeowners consider the switch to solar energy, the market for solar companies has become increasingly competitive. With so many options to choose from, it can be overwhelming to determine which company is the right fit. How can you ensure that you are choosing a solar business that has your best interests in mind? In this article, we will explore the importance of selecting an honest and transparent solar company in San Antonio, and why falling for the sales pitch of a greedy solar salesperson can leave you with a negative experience.