Bryan Texas Utilities to increase rates

POSTED: Thursday, July 28, 2011 - 3:21pm
UPDATED: Friday, April 13, 2012 - 8:54am

BRYAN -- If bills aren't enough of a pain already, what happens when your utility company increases their rates?

Customers of Bryan Texas Utilities might see that happen within the next few months.
 

Over the next two years, Bryan Texas Utilities plans to increase its rates by 12 percent, and one customer tells us the timing couldn't be worse.

"The way the economy is and people are struggling to get by now, I think it's a bit much. It's bad enough you have to pay for taxes and high food prices and everything else, I say it's a bad deal," said Robert Gil.

The increases are due to higher debt payments on the Gibbons Creek Power Plant. At first, cash reserves were used to pay the rate increase but now those are running out.

"Well I never like price increases but I knew it probably had to happen sooner or later. They've been the cheapest I've ever paid," said one BTU customer, Kathryn Presley.

BTU says they're trying to maintain their reputation as being one of the cheapest, by spreading out the increases over two years.

So before you head out the door, you're going to want to make sure you turn off your lights because by 2013 you could pay 10.28 cents per kilowatt hour.

And while no one likes rate hikes, some aren't surprised.

"You look at the fuel costs, you look at the distribution costs, you look at all the attendant costs of these things and I think the increases are inevitable," said another BTU customer, George Nelson.

Inevitable or not, the city council will still have to vote on the proposed rates before anything is finalized.

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