BEC selects CPS for energy needs
Beginning July 1, a portion of the energy supplied to Bandera Electric Cooperative (BEC) will be provided by CPS Energy (San Antonio).
Earlier this year BEC elected to evaluate alternate power suppliers to help reduce the cost of wholesale energy to their members. After receiving bids from several companies, the cooperative's board of directors approved the recommendation to have CPS Energy provide 10 percent of BEC's energy requirements.
Currently almost all of BEC's energy is supplied by the Lower Colorado River Authority (LCRA).
BEC's General Manager, William Hetherington said "This contractual arrangement will provide substantial savings to our members in addition to diversifying our energy portfolio and thereby reducing risk. It makes good business sense."