City owes LCRA almost $1M, energy bills will increase
Submitted by crecord2010 on Thu, 08/07/2014 - 1:21pm
A report from city manager Raymie Zella indicated that Cuero residents will see an increase in their energy bill. Beginning this month, residents will notice the bills about $3.75 higher than usual, perhaps for the next two years.
The City of Cuero owes LCRA $949,006. Together, all 36 of LCRA’s wholesale electric customers owe LCRA $60 million. LCRA’s largest customer, Pedernales Electric Cooperative, owes $25 million. The City of Cuero is on a payment schedule in which it pays almost $40,000 to LCRA each month for two years.
Zella delivered the report to the city council at the regular July 22 meeting.
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