Austin American-Statesman Calls For Muni’s Billion Dollar Power Plant Contract To Be Probed
October 12,2015
The Austin American-Statesman editorial board has said it is time for details of a multi-billion dollar power contract between Austin Energy and a biomass power plant to be probed, noting customers [we specifically note, captive customers] of the muni, "have long been on the hook in a still-unexplained deal."
Austin loses about $54 million annually on the contract, the Statesman reported