More than two years of disputes, hours-long meetings and political threats came to a weary end Friday with the Austin City Council settling an appeal of Austin Energy’s recent rate increase.
The council unanimously approved a deal that will give most of the 50,000 Austin Energy customers outside the city a discount on their electric rates. In exchange, Homeowners United for Rate Fairness, a coalition of suburban customers, agreed to drop the appeal it filed with the state’s Public Utility Commission. The rate increase took effect in October, and the discount will kick in June 1. Customers in Austin won’t get the break.
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