After another rate adjustment, you're saving roughly $10 a month on your Austin Energy bill

AUSTIN (KXAN) -- As you sit down to go over your budget for the new year, we have some good news -- for four months in a row, Austin Energy has shaved off some of your bill.

We're talking about the Power Supply Adjustment (PSA) rate. We've told you previously when that rate has gone up, including in late 2023 when it jumped "for the third time in a year."

Now, Austin Energy said that rate has gone down by 20% over last four months, meaning the average customer could be saving roughly $8-$10 a month on their bill.