Austin Energy Gets Earful About Rate Increases---

AUSTIN, TX: 1-13-12:

A large, one year electricity rate increase in Austin is a cautinary tale for analyzing methods to stabilize future energy cost increases. Installers/Developers should can inform commercial clients in particular about methods to safeguard their future Net Operating Income (NOI).

Of Note:

·         Austin Energy states they have not been able to raise base rates in 17 years, hence the large one year jump.

·         Churches would be re-classified as “commercial” for rates. Churches disagree due to time they draw power.

For more…

LINK: Read the Austin Business Journal story here:  

 

WATCH-NEWS VIDEO

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Could water, power woes threaten state's economy?

Dwindling supplies of water and electricity are imperiling the state's economic future, a Texas Senate committee was told Tuesday.

 

Although state officials predicted they could manage during 2012, both resources are intertwined and under pressure by natural or human constraints.

 

In the case of water, which cools generating plants, the problem is an ongoing drought. For electricity, the question is whether low retail prices are discouraging investment in future power plants.

 

That two-headed dilemma has state officials debating how much government can — or should — do in a deregulated market for electricity generation.

 

At stake are jobs.  ---Statesman Article here--

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com