Sweltering heat, absent wind could trigger increase to Austin Energy bills
9/3/19
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from Statesman,
8/28/19:
Austin Energy customers could see an 8.5% rate hike to a portion of their bills after outages to the utility’s power plants and a lack of production from its wind farms forced officials to buy electricity amid soaring costs during peak energy demand earlier this month.
The public utility’s average residential customer would see a 1.5% increase of $1.33 to their monthly bill, according to the utility’s deputy general manager. The Austin City Council will hold a public hearing 6 p.m. Wednesday on the proposed rates, which would be adopted when the council approves the budget in coming weeks. New rates could begin Nov. 1.
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