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Investment expert: Undoing ERCOT overcharges would hurt Texas business reputation Austin American-Statesman (TX) Texas would damage its business-friendly reputation if state lawmakers retroactively lower prices for wholesale electricity to reverse billions of dollars in overcharges racked up during last month s weather emergency, a representative of an international investment exchange said Tuesday. Any such decision by this political process will forever define the open for business culture Texas has worked diligently for decades to create, said Chris Edmonds, global head of clearing and risk at Intercontinental Exchange Inc. Edmonds, speaking to the House State Affairs committee, said the repercussions will go beyond the market for wholesale electricity by rattling investors in other

United statesColorado riverChris edmondsDan patrickCarrie bivensChris paddieArthur dandreaDade phelanPublic utility commissionLower colorado river authorityHouse state affairsTribune content agencyHouse state affairs committeePedernales electricAustin energyReliability council of texas