KERRVILLE PUBLIC UTILITY BOARD
KPUB FISCAL YEAR 2025
Community Report 2025
CEO
CORNER
Built on Strength
A LOOK BACK This past year reminded us what it means to be built on strength—strength in our people, our system, and our community. When the Hill Country Flood struck in July, it devastated our region and caused the most extensive system damage KPUB has ever faced. In the midst of loss and hardship, our employees, mutual aid partners, first responders, and neighbors showed extraordinary resolve. Thanks to their tireless efforts, power was restored in just five days, and our community began the difficult work of rebuilding. As recovery continued, KPUB worked to ease the financial strain on our community. We kept rates stable by deferring a rate increase and waived transfer and temporary service fees for customers directly impacted by flood damage. Our commitment was—and remains—to lighten the load for families and businesses so they could focus on healing and rebuilding without added burdens.
Amid these challenges, we also took a historic step forward. KPUB made history as the first Texas Energy Fund loan recipient, securing financing to build our community’s first power generation facility. As market scarcity, rising demand, and extreme weather continue to increase price volatility across Texas, we believe this project represents our best path forward to help ensure stable, competitive rates for our customers for decades to come. KPUB’s financing strategy also earned national recognition when The Bond Buyer named our Public Facility Corporation bond issuance the 2025 Small Issuer Financing Deal of the Year—an achievement made possible in large part by the exceptional work of Assistant General Manager Amy Dozier, who played a key role in advancing the project’s financing. Through challenges and progress, our commitment to providing safe, reliable, and affordable power to you all has never wavered. That is the strength of KPUB. Mike Wittler
KPUB General Manager & CEO