Sky-high natural gas prices, other expenses left CPS Energy with $1 billion bill for winter storm

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Independent: Euclid Media Group

Sky-high natural gas prices, other expenses left CPS Energy with $1 billion bill for winter storm

CPS Energy ratepayers now have a better idea of just how much the city-owned utility may try to pass on to them to cover the cost of last month's catastrophic winter storms. On Monday, CPS officials said they're grappling with $1 billion in expenses from fuel and wholesale electricity purchases during the historic weather event that left hundreds of thousands of San Antonians without electricity, the Express-News reports.…