CPS Energy Launches Global FlexPOWER Bundle(SM) Request For Proposal to Bring Cleaner, Greener Energy to San Antonio, Texas

SAN ANTONIO,Texas,Dec. 5,2020 -- Today,CPS Energy,the largest municipally owned,fully-integrated electric and gas utility in the United States,has formally launched a Request for Proposal (RFP) seeking to add up to 900 MW of solar,50 MW of energy storage and 500 MW of firming capacity as part of the utility's new FlexPOWER BundleSMinitiative.

Watch video announcement from San Antonio Mayor,Ron Nirenberg and CPS Energy President & CEO,Paula Gold-Williams https://youtu.be/Dg9nuOrODIs

The FlexPOWER Bundle is part of CPS Energy's Flexible PathSM and is designed to replace some aging generation capacity and introduce new technologies as firming capacity to provide around-the-clock energy reliability for our San Antonio community.

CPS Energy has been an environmental leader among utilities for decades.Every year,the company works with many community partners to make meaningful steps toward full carbon neutrality by 2050,which aligns directly to the City of San Antonio's Climate Action & Adaptation Plan (CAAP) and the Paris Climate Agreement. CPSEnergy is a forward-thinking energy utility,and with support from Mayor Ron Nirenberg and the City Council,San Antonio has been designated a "Shining City" by Environment Texas,ranking 1st in the state and 5th in the country for solar capacity. CPS Energy also ranks 2nd in the nation among municipally owned utilities for total solar,owned or contracted. TheFlexPOWER Bundleis part of CPSEnergy's continued commitment to help Greater San Antonio reach net zero emissions by 2050 or sooner,if possible.

"I created theFlexible Pathstrategy in 2017,and since that time our great team of 3,100People First Championshave been working diligently to bring this concept to life," said Paula Gold-Williams,President & CEO of CPS Energy. "Through this continually evolving strategy,we are working with our customers to thoughtfully lower San Antonio's carbon footprint. In the next phase of ourFlexiblejourney forward,the globalFlexPOWER BundleRFP will help us find solid solutions from around the world,which will potentially include exciting new and cleaner energy technologies. San Antonio has trusted us to be their diligent and effective energy provider for 160 years. This RFP is the next step that will further ensure we optimize innovation while maintaining energyReliabilityand helping theEnvironment."

By procuring multiple resource options at once as a diversified bundle,CPS Energy is focused on identifying the best combined technologies that enhance Environmental Responsibility,while maintaining the Reliability and Affordability customers expect.

"With global attention on CPS Energy and our push to expand a resilient portfolio of power generation,our publicly owned utility is poised to become the solar leader in the United States and a pioneer in utility scale resiliency in the world," said San Antonio Mayor,Ron Nirenberg. "I am proud of what this organization is doing to ensure it continues to be a reliable,affordable,and innovative energy provider that SanAntonians have come to expect."

The RFP seeks both large and small options for solar,energy storage and technologies that provide reliability,with responses expected from large,well-known firms to local,small businesses. Additionally,community solar and storage are also welcome technologies,so everyone from large renewable providers to residential customers have an opportunity to participate – directly or indirectly.

This RFP follows a global Request for Information (RFI) that closed at the end of August of this year.It was issued in 10 languages and CPS Energy received nearly 200 responses from expert energy providers around the world. Responses included information and ideas on new and clean technologies and solutions that could become a part of theFlexPOWER Bundle. CPS Energy used the helpful information obtained from the RFI process to enhance its new RFP,which has been thoughtfully designed to help San Antonio lean into its next solid steps toward a cleaner,more Resilient energy grid.

As part of the same August 2020 RFI process,CPS Energy also asked for information about solutions for the next phase of its successful and award-winning energy efficiency and conservation program,called the Save for Tomorrow Energy Plan (STEP). Coming in January 2021,CPS Energy will release another global RFP for FlexSTEPSM that will again be designed to increase direct customer participation and raise their satisfaction.

The following are key dates for the RFP:

Milestone

Date

RFP Issuance

Nov. 30,2020

Pre-Bid Webcast

Dec. 9,2020

RFP Responses Due

Feb. 1,2021

FlexSTEPRFP Issuance – Coming Soon!

January 2021

CPS Energy expects to finalize the evaluation and shortlist candidates for the RFP by Summer 2021. For more information on the RFP,visit the CPS Energy website www.cpsenergy.com/flexrfp.

About CPS Energy

Established in 1860,CPS Energy is the nation's largest public power,natural gas,and electric company,providing safe,reliable,and competitively-priced service to 860,934 electric and 358,495 natural gas customers in San Antonio and portions of seven adjoining counties. Our customers' combined energy bills rank among the lowest of the nation's 20 largest cities – while generating $8 billion in revenue for the City of San Antonio for more than seven decades. As a trusted and strong community partner,we continuously focus on job creation,economic development,and educational investment. True to our People First philosophy,we are powered by our skilled workforce,whose commitment to the community is demonstrated through our employees' volunteerism in giving back to our city and programs aimed at bringing value to our customers. CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation.

CPS_Energy_FlexPOWER_Bundle

Video - https://www.youtube.com/watch?v=Dg9nuOrODIs

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