Village of The Hills AgendaPacket Regular Meeting 2026-05-12
Austin Energy Franchise Agreement Extended to 2031
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Description
The Village of The Hills and Austin Energy executed Amendment No. 2 to their Electric Utility Franchise Agreement, extending the electric service franchise through March 1, 2031 and affirming a 3% gross receipts franchise fee. The amendment resolves prior ambiguity about the agreement’s end date.
Contract Details
Contract Amount
Franchise fee of 3% of gross receipts from sale of electricity within the City
Vendor
AUSTIN ENERGY
Agency
The Hills village, TX
Contract Type
UTILITIES
Document Date
May 12, 2026
Contract Term
From effective date in 2026 through March 1, 2031
Renewal Date
2031-03-01
Renewal Info
Original franchise dated March 1, 2011; Amendment No. 1 effective March 1, 2021 previously extended the term. Amendment No. 2 now clarifies and extends the franchise term to March 1, 2031 with the existing 3% franchise fee remaining in effect.
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Related Contracts
Climate, Water, Environment, and Parks Committee (CWEPC) Transcript 3/25/2026
PENDINGCity of Austin CWEPC Meeting Transcript January 2026
ONGOINGCity of Austin CWEPC Meeting Transcript January 2026
ONGOINGCity of Austin CWEPC Meeting Transcript January 2026
ONGOINGbeaver_county_commissioners_minutes_november_17_20.pdf
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Village of The Hills AgendaPacket Regular Meeting 2026-05-12
Village of The Hills AgendaPacket Regular Meeting 2026-05-12
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