Electrical workers repair a power line in Austin on Feb. 18, 2021. Some of the state’s electricity providers are financially underwater in the aftermath of the February power outages. Credit: Sergio Flores for The Texas Tribune
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An approximately $2.5 billion plan to bail out Texas’ distressed electricity market from the financial crisis caused by Winter Storm Uri in February was approved by the Texas House Thursday.
The legislation would impose a fee likely for the next decade or longer on electricity companies, which would then get passed on to residential and business customers in their power bills. Lawmakers on Wednesday said they could not yet estimate how much it would impact Texans’ electricity bills.
CPS battles surprise bills from ERCOT in court
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Snow and ice gripped the area in February, sending electric prices soaring and forcing some power companies out of business. State District Judge Aaron Haas granted CPS a temporary restraining order preventing ERCOT from passing on the debts of those out-of-business power companies.William Luther /Staff file photoShow MoreShow Less
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Shift supervisor Darrell Cyphers is seen in the ERCOT control room in this 2018 photo. The state’s grid operator surprised CPS Energy and other Texas utilities this week when it said it will begin collecting on millions of dollars in unpaid charges from February’s winter storm.Kin Man Hui /Staff file photoShow MoreShow Less
Opinion
Don’t read this story unless you want to learn about secrets being kept from us in the Texas electricity crisis
The Watchdog makes the case for an independent commission to investigate Texas’ abysmal power performance.
Watchdog Dave Lieber notes that Texas leaders have not created an independent investigation to study the February weather disaster. He says Gov. Greg Abbott is at the center of the scandal.(screenshot NBC5)
1:48 PM on Apr 29, 2021 CDT
Gov. Greg Abbott, quick to point blame at wind and solar energy and grid operator ERCOT for the February weather disaster, had his own man, to quote the wonderful song from the play
Texas companies fighting over who will pay for blackouts washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.