A Texas appellate court agreed that the Public Utility Commission overstepped its authority during the deadly February 2021 winter storm and set electricity prices too high. It’s not yet clear if the ruling will affect consumers.
that would allow companies to access cheap, long-term loans to avoid passing the large costs on to consumers all at once.
“You would have to figure out who paid what to whom and sort of undo the daisy chain of transactions and sales as you’re repricing,” said Silverstein, who now works as an energy consultant in Austin.
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