That’s right folks there is a hidden electricity tax in Texas and, believe it or not, it’s in Austin. Austin Energy is the electrical COOP that serves the city of Austin and its coffers have been raided year after to year to pay for Austin’s pet projects that couldn’t be covered through the governmental tax structure so the city officials just felt like it was OK to take that money away from the city owned electrical utility.
Well the day of reckoning has arrived and all of a sudden Austin Energy needs to make investments to its utility infrastructure and therefore will have to raise electricity rates, a predicted 23% or more, next year. This is not only a travesty of justice but also a travesty to the idea that the people are in control of the governmental bodies that govern our everyday lives. Not unlike Rick Perry stealing from the money set aside ($1/month) on every resident of Texas electricity bill each month to be used to help the poorest in our society pay for the basic necessity of electricity. Yep, that’s right; our boy Rick took about $600 million from that fund this year to help balance the budget!
We need to stop this madness right now. The people of Austin should rise up and demand that Austin Energy be dissolved. This would mean that the electrical infrastructure of poles and wires could be sold to ONCOR, Centerpoint or AEP and then apply the electricity deregulation laws, which are already in place around Texas. So that the people of Austin could enjoy the lower electricity prices of deregulation!
At the Texas Electricity Alliance we are proponents for electricity deregulation for the entire state of Texas. The abuse that the City of Austin has inflicted by stealing money and creating a hidden tax, from their citizens by way of Austin Energy, must be stopped.