Preservation of Atmosphere & Water
Sustainability Thickness Score
Brackish Water Desalinization Plant, © CPS Energy, City of San Antonio
City of San Antonio CPS Energy
CPS Energy is an electric and gas utility acquired by the City of San Antonio in 1942. It serves 840,750 electricity customers and 352,585 gas customers in Bexar County and seven surrounding counties. CPS Energy operates with a long-term strategic plan called Vision 2020 that includes goals for sustainability of natural capital.
ENTITY:
CPS Energy
City of San Antonio
ATTRIBUTES:
CPS Energy began diversifying its energy sources to improve reliability and reduce carbon emissions in 2000 when it began its transition from coal to natural gas and renewable sources. Currently, 65% of its energy originates from low carbon sources, with 39% from renewable or nuclear.
SUSTAINABILITY GOALS:
- Reduce carbon emissions.
- Manage limited water resource.
SUSTAINABILITY ACTIONS:
- Shift from coal to natural gas and renewable energy.
- Recycle wastewater to cool generation plants.
BENEFIT/ COST:
Strongly positive.
SCALABLE:
Yes
Edwards Aquifer, Comal Springs at Landa Park. © City of San Antonio
Thickness Score
Natural Capital Benefits
Sustainability Thickness Score
CPS has increased its sourcing of renewable energy by +69% to 22% of its generating portfolio since 2010 and plans double this share to 50% by 2040, while reducing coal generation to under 10%.
8
CPS preserves the limited supply of fresh water available to the City of San Antonio by using recycled water to cool plants.
8
CPS energy has materially reduced CO2 emissions by reducing its reliance on coal generation by -44% between 2010 and 2018 and replacing this generation with natural gas and renewable sources.
8
No impact.
Investment Attributes
Electric and Gas System
Revenue Refunding Bonds
New Series 2020
Coupon:
5.00%
Maturity:
2/1/2036
Security:
Net Revenues of the System
Ratings:
Aa/AA
Sector:
Energy, Water, and Atmosphere
Additional Info
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