Austin City Council postpones vote on Austin Energy rate hike

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Austin City Council postpones vote on Austin Energy rate hike
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The base rate review process has been going on for eight months. Austin Energy has to do a review at least every five years to make sure the money they're bringing in is enough to cover the cost of service.

"The problem with the way the base rates are constructed right now is when they were adopted decades ago, they reflected a certain amount of energy consumption. That is not the energy consumption we're seeing in 2022," said Matt Mitchell, spokesperson for Austin Energy."My house is set at 64 degrees because if I got it any higher than that, when it's 30 degrees outside, I'm going to not have a place to live," one public commenter said.

"When you raise that hike, this is what you're taking, this is food, you're taking it out of the mouths of a family for an entire week to feed," another public commenter said.In an 8-to-3 vote on Thursday, city council members approved raising Austin Energy pass-through rates for the Power Supply Adjustment and Regulatory Charge.District 7 Council Member Leslie Pool has a proposal that would bring the increase to about $9.

It has a gradual customer charge system over the next three years. It would also have four usage rate tiers instead of five. The

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