Texas Governor's Proposal to Break Up CPS Energy Rattles San Antonio Business Community$
Texas Governor Greg Abbott has proposed breaking up the monopoly of CPS Energy, San Antonio's municipally-owned electric and gas provider, and stopping its revenue transfers to the city budget. This move has alarmed San Antonio business leaders and city officials, who argue that CPS Energy's reliable and inexpensive power is crucial for attracting companies, including data centers, and funding city services. The proposal is expected to be taken up by the Texas Legislature in 2027.

