Images: Texans Froze To Death Because Biden Admin Ordered ERCOT To Throttle Energy Output By Forcing It To Comply With Environmental Green Energy Standards - USA SUPREME
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No problem on the comment. I am an exec in an energy services company, and I am seeing WAY too much disinformation and/or uneducated opinions out there right now on this subject. There's literally people that think Biden controls the weather and this is revenge for Texas seceding. I mean, come on!
In support of your point on "cheap", one of our other execs said the other day that ERCOT's strategy was to perceive risk on a normal distribution curve, where no system or process can survive truly outlier events regardless of how much money you put into them. Obviously when something like this happens it is bad optics and a political problem, but the perfect solution is ALSO a political problem. It boils down to you generally getting the reliability that you pay for, and that no one really wants to pay what it would take to survive unprecedented events like this. I am not quite as forgiving as my colleague is, as infrastructure weatherproofing is done extensively elsewhere in the country and it is not all that expensive compared to the cost of not doing it.
Also to your point on the high bills, I would be shocked if these weren't variable rate programs where they bought in at cheap rates and either didn't read the fine print or rolled the dice thinking they would always get cheap rates. You live by the sword, you die by the sword.