City Council to Vote on Austin Energy Rate Case Settlement (Update)
Update: The special meeting will take place this afternoon at 12:30 p.m .
Original Story (Feb. 27, 7:34 a.m.): The Austin City Council is holding a special-called meeting on Friday to vote on whether to approve a settlement with Austin Energy customers who live outside of the city limits.
The group Homeowners United for Rate Fairness or "HURF" appealed to the state’s Public Utility Commission—saying the Austin Energy rate increase that went into effect in October was too high and the new rate structure was too complicated.
The group says: "By overturning the 5 tier rate system and returning to a fairer 2 tier system, like those used everywhere else in Texas, we can make electric bills affordable and stable."
The details of the settlement have not yet been made public.
Separately, the Austin City Council has instructed the city manager to draw up the details of transitioning the command of Austin Energy to an independent board.