Balancing Consumer Needs With Austin Energy’s Strategic Objectives
SAIC is working with Austin Energy on its rate review process to develop a pricing strategy that aligns with system efficiency, new technologies, and environmental stewardship.
Overview
SAIC’s cost-of-service and rate design study for Austin Energy incorporates industry best practices grounded in conservation and energy efficiency principles. It’s backed by SAIC’s expertise in economic analysis, utility rate design, and the public involvement process.
Austin Energy last reviewed its rates in 1994, so in its current review, SAIC helped the utility identify many needed updates to the electric rate structure. These updates will allow the utility to continue to successfully provide clean, affordable, reliable electricity and excellent customer service. SAIC is also facilitating an extensive stakeholder outreach and collaboration process that involves public advisory committees, and communications tools to forge support for the new rate structure and provide a forum for the public to incorporate their requirements into the project plan.
SAIC designs and supports retail electric rates that align with a utility’s strategic direction of conservation, efficiency, and environmental stewardship while offering affordable products and services to customers, resulting in a predictable and adequate revenue stream. These updates will allow the utility to continue to successfully provide clean, affordable, reliable electricity and excellent customer service.
Proposed rates have been designed to offer customers multiple choices that balance consumer desires with consideration of the utility’s long-term strategic objectives. Choices include improved conservation incentives, renewable energy, and time-of-use. The final rate design aligns with the utility’s strategic direction of offering cost-effective and environmentally responsible products and services while rendering a predictable and adequate revenue stream.
Project Details
- Customer: Austin Energy
- Services Provided: Business and Financial Advisory, Rates and Regulatory
- Location: Austin, Texas
- Status: Ongoing
Quick Links
- Customer Web Site: www.rates.austinenergy.com
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