DALLAS (Standard&Poor's) April 12, 2007--Standard&Poor's Ratings Services assigned its 'A+' standard long-term rating, and stable outlook, to Austin, Texas' $145.595 million series 2007 electric system revenue refunding bonds and affirmed its 'A+' underlying rating (SPUR), with a stable outlook, on roughly $774 million of the city's separate-lien electric utility system revenue bonds. Austin is doing business as Austin Energy. The ratings continue to reflect the system's general creditworthiness, including its diversified generation resource mix that consists of coal and efficient nuclear for base load with the addition of a combined cycle unit in 2004, paid for with cash, that has allowed the city to retire older, less-efficient units; competitive rates with a separate cost-recovery component that
