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HOUSTON, Texas (KTRK) -- The Texas Legislature hearings were held on Thursday morning to investigate last week's failure of the state's power grid and its manager, the Electric Reliability Council of Texas (ERCOT). During an emergency board meeting Wednesday, ERCOT officials said the grid was a mere four minutes and 37 seconds from a total collapse. More than 350 power generators were knocked offline due to weather issues. Had they not implemented controlled outages, Texas would have been in the dark for weeks. "That is why I have made it a legislative priority to mandate and to fund the wint...

We want to know what you think. Voice your opinion by commenting below, by e-mailing us at considerthis@kcbd.com or by writing us at: KCBD-TV Attn: Consider This 5600 Avenue A Lubbock, TX 79404 ‘Consider This’ is a commentary by KCBD Vice-President and General Manager Dan Jackson.

Turns out Texans don't save money under our deregulated electricity market FacebookTwitterEmail Bright Star Solutions utility line contractors work on power lines for a nearby subdivision on Feb. 18, 2021, in Montgomery. As Texas grows, its power needs do as well, which some said means a need for greater infrastructure investment.Jason Fochtman, Houston Chronicle / Staff photographer Our deregulated electricity market promised reliability and lower electricity prices than our neighbors. Turns out, it provided neither. Overall, the deregulated market has cost Texans $28 billion more than tradi...

If you want to understand how the snowstorm truly was a disaster, you must read this.

MATTHEW BUSCH/AFP via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The startup Griddy is behind many of the enormous energy bills that homeowners in Texas faced after the winter storm.   Griddy had big plans to disrupt Texas's electricity market when it launched in 2017. Now it faces a lawsuit filed by the state AG alleging that it misled customers.  The state grid operator has effectively shut the company down.  Griddy, a startup in Texas, had a simple pi...