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Tag Archives: ERCOT

Austin Energy to cut planned 2015 fee increase

Austin City Council members are studying an Austin Energy plan to lower regulatory fees in 2015, which will cut the average monthly residential bill. Utility officials floated the plan Thursday at the Council Committee on Austin Energy. Austin Energy officials…

Austin Energy looks to get under affordability cap

Austin Energy General Manager Larry Weis told the Austin Monitor Tuesday that he and utility staff are working on a proposal that would keep the utility’s FY2015 budget revenue request under a 2 percent affordability cap on potential rate increases.…

City management plans tax cut, 3.5 percent employee raise

City management’s plan for the FY2015 City of Austin budget contains a 0.7 cent property tax reduction, a 3.5 percent raise for city civilian employees, and limited fee and tax increases.   According to city figures, the monthly increase for…

New wind-power agreement is Austin Energy’s cheapest

A wind-power purchase agreement going to the City Council Thursday for approval will not only allow Austin Energy to reach a key renewable energy goal four years ahead of time, it will be the cheapest wind energy the utility has…

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.  …

EUC rejects bid to join battle over reduced value of solar rate

While solar advocates continue to be upset over Austin Energy’s decision to reduce a rate used to compensate residential customers for the value of electricity generated by their solar units, the Electric Utility Commission has decided against joining the fight.…

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Consultant says doubling city’s solar goal do-able but expensive

Should Austin double its already ambitious solar energy goal?   It’s a question that has begun to get renewed attention from solar advocates, environmentalists, utility officials and others following a year-old recommendation by the City Council-appointed Local Solar Advisory Committee…

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