Just when the costs of transitioning to competition are beginning to expire, the PUC is considering imposing new charges on consumers to pay for the cost of moving the market back toward increased regulation.
Tight Grid Conditions in April and May Highlight the Risk of Soaring Electric Bills for Texans
The Electric Reliability Council of Texas (ERCOT) region will likely see real-time market prices approach the regulatory cap of $5,000/MWh on Wednesday, not long after price spikes on April 28 and April 16. The fact that the market is showing signs of scarcity in the spring, long before the heat of this summer or the...