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Smithville Area Chamber of Commerce moves into new building at Railroad Park

Smithville Area Chamber of Commerce moves into new building at Railroad Park
statesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from statesman.com Daily Mail and Mail on Sunday newspapers.

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Electric Cooperatives, The Lone Shining Utility Star Of The Texas 2021 Winter Storm

Electric Cooperatives, The Lone Shining Utility Star Of The Texas 2021 Winter Storm
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Utility commission refuses to reverse $16 billion in ERCOT overcharges

Utility commission refuses to reverse $16 billion in ERCOT overcharges
Bob Sechler, Austin American-Statesman
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About $16 billion in overcharges for wholesale electricity racked up because of a pricing error during the massive failure of the state s power grid last month won t be reversed, after Texas utility regulators rejected a recommendation that they make the change.
“It s just nearly impossible to unscramble this sort of egg, Arthur D Andrea, the new chair of the Public Utility Commission, said during a commission meeting Friday.
Potomac Economics, a Virginia-based firm that s paid by the state to provide an arm s-length assessment of the Texas power grid, recommended Thursday in a letter to the commission that the overcharges which were billed to retail electric providers, distributors and others be reversed by retroactively lowering wholesale electricity prices for a 32-hour period beginning Feb. 18. ....

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Texas utility won't reverse $16B in grid-failure overcharges | News

Texas utility won't reverse $16B in grid-failure overcharges | News
nny360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nny360.com Daily Mail and Mail on Sunday newspapers.

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Long-term impact of ERCOT grid fiasco on electricity rates uncertain

Austin American-Statesman
Blackouts have ended, but the financial fallout from the recent calamity on the state s power grid is still spreading.
The three main providers of electricity to retail customers in the Austin area Austin Energy, Pedernales Electric Cooperative and Bluebonnet Electric Cooperative all have said their customers won t experience near-term jumps in electricity rates as a result of the historic winter storm that knocked many generators offline during the week of Feb. 15 and triggered huge price increases for wholesale electricity and natural gas.
The long-term outlook for local rates isn t so certain, however, because the statewide ramifications of the breakdown on the power grid overseen by the Electric Reliability Council of Texas aren t yet clear. ....

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