After Public Concern, CPS Promises To Scale Back Bonus Pay, Rate Hike – News and Politics – San Antonio Current

Mary TumaAfter taking heat for trying to increase customer rates while top-level executives receive sizable bonus checks, CPS Energy is doubling up on efforts to save face.

During a presentation before City Council last Thursday, CPS CEO Doyle Beneby said the utility is formulating a plan that could lessen bonus pay and cut the proposed rate hike. “We’ve come up with a plan that I think can significantly reduce the pay out even more,” said Beneby, in his second briefing before council on the rate increase.

via After Public Concern, CPS Promises To Scale Back Bonus Pay, Rate Hike – News and Politics – San Antonio Current.


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