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Denton paid $210M for electricity during February winter storm. They had budgeted $83.3M for the year


Denton paid $210M for electricity during February winter storm. They had budgeted $83.3M for the year
“A true black start situation means … no electricity anywhere, anytime for anything,” said Beth Garza, ERCOT’s former independent monitor. “If I spend a little time thinking about it, it pretty quickly gets to kind of a Mad Max Thunderdome kind of outlook.”

Garza, the former ERCOT independent monitor, told WFAA that the “uplift” mechanism was never designed to deal such a large volume of dollars. As a result, it’s insufficient to deal with the problem.
“here.”: https://www.wfaa.com/article/news/local/investigates/loss-natural-gas-supply-dentons-power-plant-cost-tens-millions-february-winter-storms/287-21192fdc-008e-4066-b98e-e727b3d3188a ....

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Denton says natural gas cutoff in February cost tens of millions


Denton paid $210M for electricity during February winter storm. They had budgeted $83.3M for the year
Denton Municipal Electric is suing ERCOT over what it says is an unconstitutional raid on the credit of it and other cities.
Author: Tanya Eiserer, Jason Trahan
Published: 8:00 PM CDT May 6, 2021
Updated: 8:35 PM CDT May 6, 2021
DENTON, Texas The city of Denton’s power plant was running strong during February’s winter storms, burning natural gas to make electricity.
Then came the call.
The plant’s supplier was cutting off its natural gas. The supplier didn’t explain why.
“My jaw dropped,” said Antonio Puente, Denton Municipal Electric’s general manager. “We all understood what that meant, and the fact that that we were going to be exposed to very high prices.” ....

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