As CPS Energy works on a plan to increase its tariffs, some San Antonio business leaders say an increase – the utility’s first in eight years – is likely overdue.
“Any kind of price increase is a challenge for everyone. But you have to understand that we, the city, own this utility, and we have to operate it to a level that will work for us, ”said Berto Guerra, CEO of Avanzar Interior Technologies, a manufacturer that supplies parts for Toyota. Factory side. “If you compare us to other cities, we are among the lowest costs. So even with an increase in prices, we will still be very competitive.