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Austin Energy reports mostly weather‑normal FY2025; $30M moved to power‑supply stabilization fund
Summary
Acting CFO Adam McEnroy told the commission that FY2025 was mostly weather‑normal, the utility transferred $30 million to a power supply stabilization reserve and reported a $42 million revenue shortfall largely tied to storm recovery costs.
Acting Senior Vice President and Chief Financial Officer Adam McEnroy briefed the Austin Energy Commission on the FY2025 fourth‑quarter financial results, describing the year as largely weather‑normal and noting several one‑time and non‑core items that affect headline metrics.
McEnroy said his team “were able to make a $30,000,000 transfer to our power supply stabilization fund,” and that the utility finished the year with an over‑collected power supply adjustment balance of about $105,000,000 that staff plan to return to customers through rates. He told…
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