December 19 , 2006 News Media Release

Austin Energy Fuel Charge to Decrease
for 2007

Austin Energy (AE) customers will see an 8% decrease in the fuel charge portion of their utility bills--effective with bills beginning January 1, 2007. The fuel charge represents about one-third of the standard electric bill.

The current fuel charge of 3.634 cents per kilowatt-hour (kWh) will be reduced to 3.343 cents/kWh. This means that for a residential customers using the system average of 1,000 kWh per month, their monthly utility bill will decrease by about $2.91, or about $35 a year.

Austin Energy’s fuel charge recovers the cost of fuel used for generating energy and purchased power for retail sales, and for certain related Electric Reliability Council of Texas (ERCOT) costs.  The fuel charge is a dollar-for-dollar cost pass-through to our utility customers. There is no profit applied to the Austin Energy fuel charge.

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For more information, contact Ed Clark, Public Information.
Phone: (512) 322-6514
Pager: (512) 802-2000