June 17, 2010
Utility Customers to Help Develop Affordability Guidelines
Austin Energy will hold a series of customer meetings to gather input into the development of affordability measures that will help guide the utility in implementation of a blueprint Resource, Generation and Climate Protection Plan through 2020. The plan, approved by the Austin City Council April 22, 2010, is designed to meet Council goals that by 2020:
the utility will offset 800 megawatts (MW) of peak demand through energy efficiency and load shifting
35% of the power delivered by Austin Energy to its customers will come from renewable resources
the renewables portfolio will include 200 MW of solar capacity
the utility will reduce its generation portfolio CO2 emissions to 20% below 2005 levels
In its approval of the Plan, Council delayed the effective date of the measure to allow for development of an affordability matrix to be brought back for Council approval. Among other things, affordability measures would track the competitiveness of Austin Energy electric rates among all customer classes against rates available in other large Texas cities. Austin Energy will use consultants, customer input and other resources in the development process with the goal of presenting affordability guidelines for Council approval this September.
A key component in the development of affordability measures will be customer input. Austin Energy will hold a series of meetings during June and early July to solicit and receive customer input. Notifications will go out to customer groups and individuals who were active in the development of the Resource, Generation and Climate Protection Plan. All meetings are open to all customers.
Visit www.austinenergy.com for a summary on the Austin Energy Resource, Generation and Climate Protection Plan to 2020 and for the schedule of customer meetings on affordability.