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Approved Rates Schedules for City of Austin

Rate Changes Starting in January 2017

Residential Rates Icon
View seasonal tiered rates and line items on your electric bill.
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Commercial Rates Icon
View rate classes, line items, and other charges on your electric bill.
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Council Adopted New Base Rates

On August 29, 2016, Austin City Council set new, lower electric rates. The impact of these reductions will show up in bills starting January 1, 2017. Austin City Council cut rates because Austin Energy found it could reduce its revenue requirement while continuing to effectively run its operations. Through a yearlong process, the City-owned utility worked with two-dozen parties to reduce Austin Energy’s revenue requirement by $42.5 million. 

View the approved rates schedule (pdf)

Residential Rates

Through the approved agreement, residential customers overall will receive about $5 million of the total reduction. This reduction means many customers could see yearly savings on their electric bills, but changes depend on how and when customers use electricity.

Another significant decision in the rate change was the switch from seasonal base rates to a consistent base rate. Before the approved rate agreement, residential customers were charged a “Seasonal Rate” — higher in the summer than the rest of the year. Starting with the January 2017 billing cycle, the new consistent base rates will apply through the whole year. This means the new rates will slightly increase from the previous winter rate but hold steady in June, making rates much lower than the previous summer rate.

This new structure provides rate relief to customers during what is often the hottest and most expensive time of the year. For most customers, these rates will lead to spending less money on a yearly basis and more predictable monthly bills.

Other Residential Charges

Seasonality will be removed from base rates and applied to the Power Supply Adjustment. Starting in June, Power Supply rates will increase for the four hottest summer months before lowering again in October.

Commercial Rates

For the commercial classes, rates have been reduced by about $37.5 million — about 88% of the total reduction. Lowering the base rates for the commercial classes helps bring them closer to their cost of service.

The switch from seasonal base rates to consistent base rates will also affect commercial class customers. With the January 2017 billing cycle, the base and demand rates will slightly increase from the previous winter rate, but will stay the same in June when rates would normally increase. This could lead to many commercial customers paying less for electricity for the year.

Low Load Factor Floor — The rate agreement includes an adjustment to rates based on peak monthly demand for customers with load factors below 20%, which effectively decreases their overall bill. This is expected to benefit about 3,700 small- and medium-sized commercial customers.

Other Commercial Charges

Seasonality will be removed from base rates and applied to the Power Supply Adjustment. Starting in June, Power Supply rates will increase for the four hottest summer months before lowering again in October.

Wholesale Rates

Fee Schedules

Contact Us

If you have any questions about your rates, please call Austin Energy Corporate Communications at 512-494-9400.


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