CPS Energy says no rate hike is planned as Texas braces for massive energy demand surge
News ClipKSAT·San Antonio, Bexar County, TX·7/24/2026
CPS Energy and ERCOT leaders addressed San Antonian concerns as Texas faced a massive energy demand surge due to high temperatures. Despite the strain on the state's power grid, CPS Energy stated that no rate hike is currently planned. The discussion aimed to reassure residents about energy stability during peak demand days.
electricity
Gov: CPS Energy, ERCOT
As temperatures soar across Texas this week and the state’s power grid faced back-to-back peak demand days, the leaders of CPS Energy and ERCOT sat down with KSAT 12 News to address prominent questions on the minds of San Antonians.