Energy In the News: Program intended to help poor sometimes benefits wealthy

Program intended to help poor sometimes benefits wealthy

Andy Pierrotti, KVUE10:07 p.m. CDT July 13, 2015

AUSTIN — A KVUE Defenders investigation uncovered an Austin Energy program intended to help the poor sometimes benefits the wealthy, too.

One of those multi-million dollar homes is located on Lake Austin. Real estate records show the home valued at $3.9 million has an elevator and a movie theater. Another home once enrolled in CAP is 8,000 square feet with eight bathrooms, and is valued at $3.7 million.

“If you’re going to spend large sums of money, you need to reassure it’s going to the right people for the right purpose,” said Robbins.