Austin Utilities reduces historic high gas prices

Austin Utilities reduces historic high gas prices
Customers will have seven months to pay them after the board approved a plan recently.
Posted: Apr 19, 2021 6:58 PM
Updated: Apr 19, 2021 7:31 PM
Posted By: Jeremy Wall
AUSTIN, Minn. - February's snowstorm in the south left impacts in states as far north as Minnesota. The Austin Utilities Board has a plan to keep customers from seeing a large price increase in their bills.
According to its General Manager, Mark Nibaur, gas prices increased after the storm hit Texas in February. The storm also caused widespread impacts on natural gas supply and demand.
To help customers, the board approved using reserves to pay a portion of the additional cost. Customers can expect to see it on their May bill.

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