City utility customers will see a slight increase in the bills they receive in August.
During a closed-door session at Tuesday’s meeting, the City Council was briefed about an increase requested by the Lower Colorado River Authority which is the city’s wholesale provider of electricity.
Assistant City Manager Rick Cortes said LCRA had notified the city of a 6.99 percent increase in the PCRF (power cost recovery factor).
“We’re going to absorb some of that increase,” Cortes said, noting that an increase of only 3.2 percent is planned for city utility customers.
For the average home, the increase will amount to $2.06 a month, he said.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.