CPS Energy

The meeting agenda includes a review of chair priorities, CEO remarks, and various reports from board committees, including the Operations Oversight Committee and the Community Input Committee. Key discussion items cover the budget overview and a generation plan refresh. The agenda also features consent items such as payments to the City of San Antonio and the procurement of operational technology transport systems. Executive sessions are planned to discuss real property matters, attorney-client privileged matters, security personnel, and competitive matters regarding power generation and purchased power.

The meeting commenced with standard proceedings including a safety message, invocation, and Pledge of Allegiance. The Public Comment section featured several community members addressing significant concerns. Key topics raised included the need for CPS Energy to transition to non-polluting sources while managing bill increases, selecting a new trustee with strong business acumen, concerns over retiree healthcare benefits, and the impact of climate change on underprivileged communities. Furthermore, advocacy was presented regarding limiting the impacts of the planned Howard to Solstice transmission line on the Hill Country through coordination with the Public Utility Commission. The Board subsequently moved into Executive Session to discuss matters pursuant to posted notice.

This document provides an informational update from CPS Energy regarding its strategy for responsibly managing large load growth in San Antonio. The strategy, aligned with 'Vision 2030', addresses the impacts and benefits of growth on the community, ensures robust cost recovery mechanisms, and explores new solutions to meet escalating energy demand. Key initiatives include expanding power generation, implementing new on-site customer solutions and tariffs, and upgrading grid technologies, all while committing to customer protection, reliability, affordability, and cleaner energy goals.

The Board of Trustees meeting included public comments regarding employee appreciation, environmental technology, and transmission line routing. Key remarks from the Chair and CEO recognized employee service, noted CPS Energy hosting the POWERGEN conference, and highlighted the 2026 Summer Internship Program. The CEO also recognized the Grillsgiving team's fundraising success and employees nearing retirement. The Board convened an Executive Session to discuss real property matters and a competitive matter, which was subsequently approved. The Consent Agenda included approvals for net payments to the City of San Antonio for November and December 2025 revenues based on the New Series Bond Ordinance calculations, and the Employee Benefits Oversight Committee Statement of Governance. Several procurement items were approved, primarily seeking funding increases for existing contracts related to Substation and Transmission Infrastructure Projects, Turbine Parts & Services, Environmental Services, GE Boilers/Parts, Autotransformers, Toshiba Turbine Parts, Industrial Vacuuming & Hydroblasting Services, Customer Construction Design & Engineering Services, and 145kV Circuit Breakers. Two real property purchase approvals were postponed. Committee reports from Operations Oversight, Personnel, Technology and Resilience, and Community Input Committees were submitted for the record. Subsequent discussions covered the approval of engineering services for the 765 kV transmission line project with AEP, the nomination of an at-large member to the Community Input Committee, an update on the Evolve: ERP Transformation Program, and a presentation on the Generation Plan Refresh strategy.

The meeting included an agenda focused on several key items: an executive session regarding legal and property matters; a vote on the consent agenda, which encompassed a payment to the City of San Antonio and procurement for operational technology systems; and various reports from the Operations Oversight Committee and Community Input Committee. Additionally, the Board reviewed a comprehensive budget overview, a strategic financing plan, and an informational update on the generation plan refresh.