Austin Energy presents checks to AISD totaling nearly $99,000

November 19, 2019

check presentation at AISD

Today, Austin Energy presented checks that total nearly $99,000 to the Austin Independent School District for its participation in the utility’s Load Co-op program and from donations to the Public School Energy Assistance fund.

Austin Energy is a community-owned utility and is always looking to provide additional value to the community and partner with customers, including vital key accounts like school districts.

School districts in the Austin Energy service area receive a 20 percent discount off base electric rates. AISD is the largest school district and saves approximately $1.7 million each year through the discount. In addition, all eight school districts in Austin Energy’s service area participate in Austin Energy’s Load Co-op demand response program. The program encourages businesses to voluntarily reduce their energy use during periods of high summer electric demand, and high electric market costs. Customers are given a one-hour notice before a conservation event, and the events can last up to three hours between 4-8 p.m., June through September. There are approximately 15 events annually. Participants earn money based on how much energy they save during the events.

Twenty-seven AISD schools took part in Austin Energy’s Load Co-op program this year, saving 58,533 kWh and earning the district a conservation rebate of $84,873. This is enough electricity to power 67 average homes for a month in the Austin area.

All Austin Energy customers can donate to the Public School Energy Assistance program with an easy option on their utility bill. The tax-deductible contributions help reduce electric utility bills of independent school districts served by Austin Energy, making more funds available for educating Austin’s young people. PSEA donations for AISD totaled $13,862 in fiscal year 2019.

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