Austin Texas Community

984 readers

1 users here now

Austin Community news, resources, chat, and memes Currently there are not smaller communities like classifieds or jobs like there was on Reddit, feel free to create any related communities and send me a message, I can link them here in the sidebar. For now, let’s feel free to post any content, as long as it’s related to Austin or Texas in general.

Rules

Be kind.
No spam or gofundme type requests.
No racist or other prejudices allowed.
If you see these please report them.

Currently we only have two mods, if you see something, please report the post using the three dots menu.

If you would like to help moderate, please contact me: https://lemmy.world/u/netburnr or on Matrix https://matrix.to/#/@netburnr:matrix.org

Related Communities

[email protected] [email protected] [email protected] [email protected]

Austin Discord - run by hopexx

founded 1 year ago

MODERATORS

[email protected]

Texas gas wants to raise rates again (lemmy.world)

submitted 2 months ago by [email protected] to c/[email protected]

13 comments fedilink hide all child comments

https://www.austinmonitor.com/stories/2024/08/texas-gas-service-rate-hearing-at-council-this-thursday/

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 2 months ago* (last edited 2 months ago) (1 children)

While residential customers would see higher rates under the proposal, commercial and industrial gas buyers would actually receive lower rates.

Stacey McTaggart, rates and regulatory director at Texas Gas Service, told the City Council that was because commercial and industrial gas buyers have traditionally paid more than their fair share for natural gas service.

“Their rates are higher than the cost to serve them,” she said. “We would like to bring rates and costs into alignment to send clear economic signals to the commercial sector.”

Apparently Texas Gas Service is basically the Federal Reserve now, trying to send "clear economic signals to the commercial sector."

[–] [email protected] 2 points 2 months ago

@protist @reddig33
I mean to a degree *maybe* I could get behind realigning prices. But commercial and industrial buyers are making a profit using that gas and residential buyers aren't... And residential buyers are more likely to need the gas for everyday life and I feel like they *should* be shouldering less of the share of the costs.