Learn about CPS Energy including our Environment, Climate & Sustainability, News & Press Releases, and Team.
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Learn about CPS Energy including our Environment, Climate & Sustainability, News & Press Releases, and Team.
About CPS Energy
- Established in
- 1860
- Senior Lien Bond Ratings
- Aa2/AA-/AA-
- Bonds Outstanding as of 1/1/2025
- $7.653 billion
CPS Energy is owned by the City of San Antonio. We are the largest municipally owned gas and electric utility, by customers served, in the United States. Fourteen percent of our gross revenues support the overall operating budget of the City of San Antonio’s municipal government by providing financial resources for the delivery of core services such as streets and infrastructure, public safety, parks and youth enrichment programs, and libraries.
Thanks to our use of diverse energy sources, our customers in the greater San Antonio metropolitan area pay some of the lowest energy costs in the country. Every day, we strive to find new and innovative ways to maintain the reliability and competitive cost of the services we provide to our growing number of customers.
Annual reports, interim reports, financial summaries and other documents are included on this page to demonstrate our continued exceptional operational and financial performance.
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Environment, Climate & Sustainability
Learn about our environmental, social, and governance program, and how we bring those values to life with green bonds, sustainable projects, and more.
News
CPS ENERGY EXPANDS COMMUNITY SOLAR THROUGH NEW REQUEST FOR PROPOSAL FOR UP TO 50 MW by Sydney Colwell
Feb.4, 2026 – (SAN ANTONIO) CPS Energy is expanding its community solar program through a Request for Proposal (RFP) seeking up to 50 megawatts (MW) of community solar -enough to power approximately 10,000 homes during peak energy demand hours. The initiative supports the utility’s Sustainable Tomorrow Energy Plan (STEP) and reflects its ongoing commitment to delivering reliable, affordable, and sustainable energy for the San Antonio and surrounding areas.
Through this RFP, CPS Energy invites respondents to propose community solar projects that offer customers an alternative to installing and maintaining solar panels on their properties. The solicitation allows for a range of project approaches, with the potential for multiple awardees, and is designed to support scalable solutions that can be deployed in the near term.
CPS Energy has developed multiple paths for vendors to participate in the solicitation and is seeking proposals for the following: complete turnkey community solar programs, new innovative approaches to community solar that incorporate new technologies or program models, or solar installation-only solutions.
Selected respondents will enter into Power Purchase Agreements with CPS Energy for the sale of 100% of the electrical output. Responses are welcome from local and small businesses as well as larger industry leaders. As a community-owned utility, CPS Energy supports economic development and is encouraging broad participation in this solicitation.
Community solar programs can help expand access to renewable energy for customers who have faced traditional barriers to participation in the past, including those customers who live in apartments or rental homes.
“This RFP reflects CPS Energy’s continued focus on expanding our solar portfolio in ways that are flexible, scalable, and responsive to our community’s needs,” said Jonathan Tijerina, Vice President of Corporate Development, CPS Energy. “Community solar allows us to bring more renewable energy online while maintaining affordability and reliability for our customers.”
CPS Energy ranks first in Texas for solar power capacity. Through STEP, the utility is focused on reducing barriers to solar participation while supporting a diverse and resilient generation mix.
The following are key dates for the RFP:
| Milestone | Date |
|---|---|
| RFP Issuance through cpsenergy.com/bids | January 30, 2026 |
| Deadline for submittal of questions on the portal | February 16, 2026 |
| CPS Energy Responses to Submitted Questions | February 23, 2026 |
| Deadline for proposal submittal – portal closes; evaluation begins | March 19, 2026 |
All participants can view the RFP and must submit proposals through cpsenergy.com/bids. After the closing date, CPS Energy will begin evaluations with a goal of making selections later this year.
CPS ENERGY LAUNCHES REQUEST FOR PROPOSAL FOR 500 MW OF BATTERY STORAGE by Milady Nazir
Once the RFP is finalized, the utility will have secured more than 1,000 MW of battery storage capacity to serve the community
Dec. 15, 2025 – (San Antonio, TX) – CPS Energy has issued a Request for Proposal (RFP) to acquire up to 500 megawatts (MW) of additional battery storage. This latest RFP supports the utility’s previously approved Vision 2027 Generation Plan, which aims to deliver affordable, reliable, and sustainable energy to the greater San Antonio area.
“This request to add more battery storage to our generation portfolio continues to fulfill our promise to deliver on the utility’s Vision 2027 Generation Plan,” said Rudy D. Garza, President and CEO of CPS Energy. “The RFP reinforces our team’s ongoing commitment to secure additional energy resources needed to keep pace with our community’s rapid growth.”
Upon completion of the RFP, the utility anticipates having more than 1,000 MW of operational or contracted storage capacity to serve its customers. To date, CPS Energy has successfully brought 50 MW of storage capacity online as part of the Vision 2027 plan. An additional 470 MW is in development and expected to be online in 2026.
The RFP is also aligned with CPS Energy’s commitment to the City of San Antonio’s Climate Action & Adaptation Plan (CAAP), which, in addition to a continued commitment to generation resource diversity, pursues carbon neutrality by 2050.
The deadline to submit a proposal is Friday, Jan. 30, 2026, at 11:45 p.m. Central Time. Submissions must be made using the Power Advocate Portal link.
| Milestone | Date |
|---|---|
| RFP and other solicitation documents issed | Thursday, Dec. 11, 2025 |
| Deadline for proposal submittal – portal closes; evaluation begins | Friday, Jan. 30, 2026 at 11:45 p.m. Central Time |
CPS ENERGY LAUNCHES REQUEST FOR PROPOSAL FOR UP TO 600 MW OF SOLAR ENERGY by Milady Nazir
CPS Energy is the number one purchaser of solar capacity in Texas
November 18, 2025 – (San Antonio, TX) – CPS Energy has issued a Request for Proposal (RFP) to acquire up to 600 megawatts (MW) of additional solar energy through one or more Power Purchase Agreements (PPAs). This latest RFP supports the utility’s previously approved Vision 2027 generation plan, which aims to deliver affordable, reliable, and sustainable energy to the greater San Antonio area.
“Every megawatt counts in powering San Antonio, one of the fastest growing regions across the country,” said Rudy D. Garza, President and CEO of CPS Energy. “We are the number one purchaser of solar energy in the state of Texas. I’m grateful for our dedicated teams and their efforts to grow our use of solar to fulfill CPS Energy’s Vision 2027 strategic plan.”
Upon completion of this RFP, the utility anticipates having over 1,600 MW of solar generation capacity, operational or under contract, to serve its customers. With over 1,000 MW of solar already operational, CPS Energy ranks number one in Texas for contracted solar generation. Currently, solar energy accounts for 9% of the utility’s energy mix, sourced from 15 solar farms. In addition, by the end of the year, the utility plans to announce another battery storage RFP. This comes on the heels of the 470 MW of contracted future battery capacity announced at the end of last year.
Vision 2027 aligns these RFP efforts with CPS Energy’s commitment to the City of San Antonio’s Climate Action & Adaptation Plan (CAAP), which in addition to a continued commitment to generation resource diversity, pursues carbon neutrality by 2050.
The deadline for interested bidders to submit a proposal for CPS Energy’s solar RFP is Thursday, January 8, 2026, by 11:45 p.m. Central Time.
Submissions must be made using the Power Advocate Portal link.
Milestone |
Date |
|---|---|
RFP and other solicitation documents issued |
Thursday, 11/13/2025 |
Deadline for proposal submittal – portal closes; evaluation begins |
Thursday, 01/08/2026 by 11:45 p.m. (Central Time) |
Team

Rudy D. Garza

Frank Almaraz

Benjamin L. (Benny) Ethridge, Jr., P.E.

Richard Medina, P.E.

Elaina Ball

DeAnna Hardwick

Cory Kuchinsky, CPA

Lisa Lewis

Evan O’Mahoney

Shanna Ramirez, J.D.
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