Live Breaking News & Updates on Braunfels Utilitie

 New Braunfels Utilities said Monday it was confident it could maintain competitive rates following last week’s winter storm event that resulted in rotating power outages throughout the state, but the exact impact on electric rates and customer wallets remains unclear.
Although there have been reports of retail electric bills in the thousands of dollars in some parts of Texas, NBU said this would not happen in New Braunfels.
According to Melissa C. Krause, NBU’s chief operations and strategy officer said the utility operates a power supply program designed to reduce volatility and maintain a competitive price.
“Going into this event, NBU’s electric bill was among the very lowest in the region,” Krause said. “New Braunfels Utilities passes on the cost of energy purchased in the ERCOT market to NBU’s customers with no markup. New Braunfels Utilities’ hedging program and reserves policy greatly insulated our customers from last w ....

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