Mayor Steve Adler says City Council members are open to shifting how Austin Energy makes its transfers to the city, a move that may quiet talk in the Texas Legislature of deregulating the municipal energy company. “There is some support of us to looking at a CPS (Energy) model where they handle their transfers in […]
Austin Energy
As a municipally-owned electric utility, Austin Energy is a rarity in the largely deregulated State of Texas. Its annual budget clocks in at over $1 billion. The utility’s annual direct transfer of a Council-determined percentage of its revenues offers the city a notable revenue stream.
Posted inEnergy
Austin Energy bad debt increases (corrected)
Austin Energy’s customer debt is skyrocketinghas risen. From September 2014 to the end of March, the electric utility’sAustin Energy’s bad debt — or bills unlikely to ever be collected — increased more than 300 percent, from $20.8 million to more than $85 million. The rapid increase is due to a policy, put in place two […]
Posted inEnergy, Texas State Legislature
Austin Energy deregulation bill sent to Senate
A bill that could have major implications for Austin Energy and the city budget passed its first hurdle in the Texas House on Tuesday and now goes to the Senate floor. It could give certain Austin Energy customers the ability to break away from the utility and buy energy on the deregulated market. The Senate […]
Posted inCity Council, Energy
Council pushes Austin Energy on solar solicitation
To RFP or not to RFP? According to City Council, the answer is yes, and ASAP — or at least by April 15. Council voted Thursday to impose the deadline for Austin Energy to issue a request for proposal, or RFP, for up to 600 megawatts of utility-scale solar power generation and require that the […]
Posted inAustin, City Council, Energy, Resources
AE to seek new solar contracts by mid-April
Since City Council adopted a set of goals last year that will shape Austin’s future energy portfolio, most discussion has focused on how to fill a 500-megawatt power gap in the plan. This week, the focus shifted to a goal that gets the city to shop for large solar investments. Responding to a request by […]
Posted inAustin, Texas State Legislature
Council discusses legislation that targets Austin
With the Texas Legislature’s March 13 filing deadline behind them, city staff are busy tracking the 6,400 or so bills that state legislators have filed this session. They joined City Council at a work session Tuesday for an update on the bills making their way through the 84th Legislature that could directly affect Austin. Karen […]
Posted inEnergy, Resources
EUC pushes for generation plan’s solar component
The Electric Utility Commission passed a resolution Monday urging that City Council direct Austin Energy to issue a request for proposal for 600 megawatts of utility-scale solar energy by April 15. “I feel like Austin Energy, in making their agreement to go forward with the generation plan as it was, owes the community the RFP,” […]
Posted inAustin, Budget, Energy, Resources
Explainer: The Austin Energy-CoA funds transfer
The Explainer takes a deeper look at stories we have been following. This week, we tackle the annual transfer from Austin Energy to the City of Austin’s General Fund. The annual transfer of what has historically been many millions of dollars in cash from the coffers of Austin Energy to those just across the river […]
Posted inCity Hall, Energy
Austin Energy payments to city keep growing
Even though City Council froze the transfer from Austin Energy to the city’s general fund at $105 million in 2012, the amount the utility pays for support services has continued to grow. For the current fiscal year, the utility will fund more than $20 million for support services as well as to departments that may or […]
Posted inCity Council, Energy
Council debates deregulation of Austin Energy
When it comes to Austin Energy, there is one word that always stirs up debate. That word is “deregulation.” City Council held a policy workshop with Austin Energy management, stakeholders and policy advocates Monday on the myriad issues associated with the public utility. The conversation touched several times on the merits of Austin Energy’s current […]
Posted inResources
Robbins working to fix AE assistance program
Consumer advocate Paul Robbins is visiting City Council members this week in an attempt to explain to them the problems with the Austin Energy Customer Assistance Program, known as CAP. The program, which was designed to help economically disadvantaged electric customers with their bills, is currently helping the disadvantaged, but also perhaps as many as […]
Posted inCity Council, Local Politics, Resources
Zimmerman establishes pole position
As one of their first acts as a body, City Council members examined, then approved, a routine contract for up to $10 million of steel poles for Austin Energy. Council Member Don Zimmerman pulled the proposed contract with TransAmerican Power Products, Inc. for extra scrutiny and abstained from an otherwise unanimous vote. Zimmerman lamented the […]