Austin Energy reports $119M over‑collection and reviews 12 All‑Resource RFP proposals, none for local utility‑scale solar
Acting CFO John Davis reported a quarter‑end $119 million over‑collection in power supply adjustment and a 194‑day cash balance; Deputy GM Lisa Martin said the All‑Resource RFP returned 12 in‑zone proposals (7 battery storage, 5 natural‑gas) and no local utility‑scale solar offers, and staff will continue evaluation with community engagement planned for April.
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Acting Chief Financial Officer John Davis told the Utility Oversight Committee that Austin Energy’s operating income for the quarter ended Dec. 31, 2025, was approximately $6 million below budget, driven largely by lower transmission revenues.
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