[NEWS] Financial Concerns Around Idle Texas Biomass Facility

– by Mark Lisheron, May 7, 2018, Texas Monitor

nacogdoches_texas-monitorFor almost six years, Austin Energy customers have been paying about $54 million a year for a power plant in East Texas not to produce biomass energy.

Those customers also paid $128 million to build the plant.

Nearly two years ago, the city of Austin hired a staff of attorneys to see if Austin Energy could get out from under a 20-year contract that even supporters of the wood-burning power plant came to see as a terrible deal for utility customers.

When asked late last week by The Texas Monitor what, if anything, those lawyers had done during that time, Jason Stanford, a spokesman for Mayor Steve Adler said, “The lawyers aren’t discussing this publicly. That’s all I know.”

The city is also not disclosing how much taxpayers have been paying in attorney’s fees. At the time Adler confirmed for a Texas Watchdog reporter that the lawyers had been hired, he said those fees could reach $100,000.

The Texas Monitor on Friday made a formal request through the Texas Public Information Act for all documents and a list of costs pertaining to the investigation into the contract between Austin Energy and Southern Power for the Nacogdoches Generating Facility near Sacul, in East Texas.

READ MORE at Texas Monitor

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s