Vote set for Monday on Austin Energy rate restructure

Austin Energy will reduce its revenue by $42 million to alter its rate structure and conclude a months-long public review of how the municipally-owned utility charges its customers. Austin City Council will vote Monday on whether to approve the revised rate schedule. In January the city of Austin initiated a public process to examine Austin Energy’s rates. Citizen groups and local entities intervened in the case to contest the utility’s proposed revamp of rates and fees. Among the intervenors were environmental groups Public Citizen and the Sierra Club, which announced a settlement yesterday with Austin Energy to accept the new rate schedule […]

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Source: Community Impact- Cedar Park