Trending
MOST READ

Best Salsa Club

Best of SA 2013: 4/24/2013
Beaches Be Trippin\': Five Texas Coast Spots Worth the Drive

Beaches Be Trippin': Five Texas Coast Spots Worth the Drive

Arts & Culture: Let’s face it, most of us Lone Stars view the Texas coast as a poor man’s Waikiki. Hell, maybe just a poor man’s Panama Beach — only to be used... By Callie Enlow 7/10/2013
Texas Law Leaves Abortion Out of Reach for Many Women

Texas Law Leaves Abortion Out of Reach for Many Women

News: Texas’ sweeping abortion law has already eliminated all abortion clinics south of San Antonio, and the last clinic west of the city is expected to close... By Alexa Garcia-Ditta 8/27/2014
How Rebates Have the Texas Film Industry Playing Catch Up To its Neighbors

How Rebates Have the Texas Film Industry Playing Catch Up To its Neighbors

Screens: See if you can spot the common thread that is pulling at the seams of the Texas film industry. On NBC’s The Night Shift, a stock-written staff... By Matt Stieb 8/27/2014
Oaxaca’s Lila Downs Bends Gender, Politics and World Music

Oaxaca’s Lila Downs Bends Gender, Politics and World Music

Music: Swaying side to side with a child in his arms, Texas Rep. Mike Villarreal nodded politely in my direction before returning his captive attention to the... By Jade Esteban Estrada 8/27/2014
Calendar

Search hundreds of restaurants in our database.

Search hundreds of clubs in our database.

Follow us on Instagram @sacurrent

Print Email

News

CPS: “I’ll take a bonus, you take a rate hike”

Photo: Mary Tuma, License: N/A

Mary Tuma

CPS Energy asks customers pay an extra 4.75 percent as top-level employees see sizeable bonus checks (see sacurrent.com for dollar amounts)

Photo: Courtesy, License: N/A

Courtesy


“[A]n executive pay increase of 58 percent over the past two years seems excessive by any objective measure,” Medina writes.*

In the past, CPS diffused the generous incentives by reminding consumers a rate hike wasn’t on the table. But now the game has changed, leaving some citizens incensed.

Bob Martin, president of the Homeowner Taxpayer Association of Bexar County, vigilantly monitors CPS. He calls the rate increase “outrageous” in light of the fat bonuses paid out to top-level employees.

“The bonuses are absurd,” said Martin. “I’d say they should reform this salary looting and then come back and ask me for a rate increase.”

CPS spokesperson Christine Patmon stresses the employee salary increases are a result of retaining a highly skilled workforce. She says Beneby is actually “underpaid” when compared with his CEO counterparts in the private sector—yet, the comparison is somewhat befuddling considering that CPS is a publicly owned utility, not a private company.

“What the community needs to understand is that everything we do in the energy business has high price tags, it’s not small potato stuff. It’s not what we pay for, it’s the price that’s driven by the industry,” said Patmon.

Incidentally, those high price tags also encompass top-level executive salaries.

In defense of its requested bill hike, CPS continually refers to the fact the City of San Antonio’s rates still fall below those of other major cities—and that’s certainly true. But what they don’t factor in is comparable poverty rates. With the exception of El Paso, the income of San Antonio residents fall below the poverty line at a higher percentage, according to recent U.S. Census Bureau stats, than residents in Corpus Christi, Austin, Houston and Dallas—cities CPS uses to justify its rate increase.

“They’re not accounting for how poor some people in San Antonio are compared with those other cities,” said Martin. “We’ve got a lot of people out here struggling to make ends meet, I don’t see how they can afford this.”

* CPS disputed a similar claim made by the Express-News in a May 2, 2013 blog post

Recently in News
  • Cityscrapes: A race to the convention floor “Conventions go to the city which exerts the greatest efforts to secure them. San Antonio can get any convention that it goes after.” That was the position... | 8/27/2014
  • Mayoral Horserace Once elected next spring, San Antonio’s new mayor will have just a few months to prepare for the 2016 budget... | 8/27/2014
  • Texas Law Leaves Abortion Out of Reach for Many Women Texas’ sweeping abortion law has already eliminated all abortion clinics south of San Antonio, and the last clinic west of the city is expected to close... | 8/27/2014
We welcome user discussion on our site, under the following guidelines:

To comment you must first create a profile and sign-in with a verified DISQUS account or social network ID. Sign up here.

Comments in violation of the rules will be denied, and repeat violators will be banned. Please help police the community by flagging offensive comments for our moderators to review. By posting a comment, you agree to our full terms and conditions. Click here to read terms and conditions.
comments powered by Disqus