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Council delays vote on Austin Energy increase

Austin City Council delayed a decision on a proposed Austin Energy rate increase Thursday night.

Council members voted 6-1 in favor of delaying a decision and further discussing a rate increase that would affect 400,000 Austin Energy customers. The utility needs to raise an additional $127 million in revenue, and has proposed a 12.5 percent rate increase to be phased in over three years.

Austin Energy officials say they haven't raised the utility's rates in 17 years.

The utility has posted a calculator on its website that lets customers see how the proposed rate increase will affect them.

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03/01/2012 11:11PM
Council delays vote on Austin Energy increase
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