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Tag Archives: Austin Energy Utility Oversight Committee

Council punts decision on AE reserves

The Austin City Council decided with a 4-3 vote Thursday to postpone a decision to transfer $30 million from Austin Energy’s Operating Fund to its Strategic Reserve Contingency Fund as requested by staff in order to bring the utility closer to complying…

Council meetings to consider utility fund, rail ballot, flood buyouts

The Austin City Council will hold two special called meetings this week, one Thursday following the Council Committee on Austin Energy, and one Friday at 1p.m. Thursday’s meeting includes consideration of whether to allow the utility to transfer $30 million…

Council presses Austin Energy for details of proposed new building

Austin Energy staff walked through their proposed plan to build a high-priced East Austin headquarters Monday morning. The proposed plan has come under criticism by City Council members and commercial real estate brokers, who are worried about the added burden…

Some Austin Energy commercial customers get surprise in their bill

A newly instituted and complex rate structure has led to headaches for Austin Energy executives as well as a number of the utility’s commercial customers.   At Thursday’s Council Committee on Austin Energy,AE General Manager Larry Weis and Chief Financial…

Austin Energy backs retiring city’s share of Fayette plant in 2025

Shifting position on the Fayette Power Project, Austin Energy has recommended retiring, rather than selling, its share of the controversial coal-burning plant.   The recommendation calls for the city to establish a shut-down date of 2025, nearly a decade later…

Memo cites major legal hurdles for city to get out of coal plant

The City of Austin faces formidable legal hurdles and potentially significant costs if the City Council decides to sell or shut down the city’s share of the coal-fired Fayette Power Project, according to a new city Law Department memo.  …

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Austin Energy reduces incentives, credits for solar users on grid

Austin Energy customers who have installed solar electric systems or are planning to install them are facing a reduction in the incentives offered by the utility.   Utility officials defend their actions, saying the reductions are based on budget limits…

Council eases rules on delinquent utility bills

At the urging of advocacy groups and a tenacious City Council Member Kathie Tovo, the Council on Thursday approved an ordinance that gives additional breaks to residential utility customers having trouble paying their bills.   Supporters of the ordinance said…

Council to hash out Austin Energy issues in committee meeting

With Council Member Kathie Tovo pushing hard to gain approval of an ordinance that would offer more leeway for Austin Energy ratepayers in deep arrears on their bills, utility officials remained leery of the plan. It will all be hashed…

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