A municipally owned utility (often called a “Muni”) is a nonprofit electric utility owned and operated by the city it serves. Unlike investor-owned utilities, Munis are accountable to local governments and residents, which helps keep rates stable and supports community goals. In Texas, cities like Austin (Austin Energy) and San Antonio (CPS Energy) operate their own electric utilities.
Because they are not competing in the deregulated electricity market, municipally owned utilities set rates through local governance and typically invest in infrastructure and renewable energy to benefit their communities. For example, Austin Energy has invested heavily in solar farms, while CPS Energy in San Antonio is working toward a diversified energy portfolio that includes wind, solar, and natural gas.
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