San Antonio, September 11, 2012 — CPS Energy's large solar and economic development project prompted the Solar Electric Power Association (SEPA) to name the utility's president and CEO Doyle Beneby its 2012 Utility CEO of the Year.
SEPA will recognize Beneby for his leadership in integrating solar power into the company's energy portfolio at its annual membership meeting.
Beneby recently signed a contract between CPS Energy and OCI Solar Power for the latter company to supply the utility with 400 MW of solar energy. The official agreement is believed to be the first of its kind, resulting in a soon-to-be-built local solar manufacturing facility, headquarters for both OCI Solar Power and its anchor consortium partner Nexolon, and 800 long-term jobs.
"I'm honored by SEPA's recognition of what we're doing in San Antonio. We closed on this deal because it makes sense for our customers, providing them with affordable, emissions-free energy that diversifies our portfolio and shields them from environmental-associated risks," said Beneby. "Additionally, we want to generate economic development and educational investment with every power agreement we sign."
Under Beneby's two-year leadership with CPS Energy, the utility launched its New Energy Economy initiative, brokering partnerships with seven clean tech companies. The partnerships are bringing in more than 1,000 direct local jobs, millions of dollars in educational investment, clean energy development, cutting-edge demand management technology for the utility's customers, and research and development.