Mayor and city staff want to send money back to customers; others think it would be better used preparing for extreme weather.
Mayor Ron Nirenberg has been a strong proponent of the rebate idea, but several council members doubt the bill credits, worth an average of $29 for the average residential customer, would help the people who need it most.
The city estimates it will take in an extra $75 million of CPS Energy revenue for the current fiscal year because soaring temperatures and natural gas costs have inflated customer bills. City staff have recommended using $25 million for sidewalks, aquifer protection funding, and acquiring a warehouse to store emergency supplies.
The average residential customer would get $29 back. Meanwhile, the 40 commercial customers in the “super large power service” classification with bills averaging $752,211 would get back $94,711 on average. Other council members, like District 4′s Adriana Rocha Garcia, said their residents want the credits.“The residents that I represent appreciate $26, $29, $32 -- whatever it is -- going to help them. And I don’t think that I would be able to look at my residents in the eye and tell them that I went against their wishes,” she said.
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