Austin Energy monthly bills to decrease in October

AUSTIN (KXAN) — Austin Energy customers will soon see some relief on their monthly bill after several previous increases. The department announced a 5% decrease to the Power Supply Adjustment (PSA) rate, beginning Oct. 1. Residential customers can expect a $2 monthly decrease, according to a memo. AE said the cost reduction stems from lower power costs this summer and the full recovery of the PSA under-recovered balance. Despite higher power costs amidst scorching August heat, AE