You sign a contract, you follow it. Company should sue the media for defamation with all these hit pieces trying to force Texas to join the government (read: chinese) power grid
Agreed, it is predatory and unfortunate that the power company didn't eat the loss, but let's be honest, what large company would when they could pass it on to customers without breaching contract? These people literally signed a contract agreeing to pay the fluctuating real-time cost of energy. Normally that might be a benefit, but in this circumstance it clearly wasn't. This would be a scenario where either government steps in and sets limits on price gouging or takes measures to prevent drastic price increases, or else these people are unfortunately contractually obliged to pay the price, whatever it may be at the time. It's going to be an interesting court case if they have enough participants for the class action, but a very tough sell legally.
Sigh the ignorance is real....ERCOT was ordered by the PUC to raise prices. It says it clearly in the order. Ercot has no authority to do that and they simply just follow orders
Lmao Ercot sent notices of bad weather out to the companies days before. The companies are not required to follow what ercot says about what to do with their equipment.
Does THAT help you? Please keep digging yourself this hole because obviously you don't know what you're talking about. ?
By paying market price he is his own micro utility and could give himself a micro rolling blackout. The problem is no limit on his autopay. Did he turn of bill pay notification? I am sure he now wishes he was blacked out for his “protection” but that is not freedom.
Texans are frustrated but more government control is rarely the answer.
Locking price down when not enough is like banning ticket scalping when show sells out, someone else determines who gets to attend.
We need more supply for extreme weather events. If you have money and never bought a generator then that is part of problem. Why were gas plants and production not winterized fully? Economically it was deemed not to make sense for a once in a lifetime weather event.
Damn even the lawsuits are big in Texas
Damn straight.
Source: A Texan
They say everything is bigger in Texas but Abrams isn't from there
Sick burn
Dynamite areolas
You’re darn tootin’
You sign a contract, you follow it. Company should sue the media for defamation with all these hit pieces trying to force Texas to join the government (read: chinese) power grid
Remind me of the definition of capitalism, from Stefan Molyneux.
You keep your word, you keep your stuff.
Every officer and board member of that company should be arrested and charged for any deaths that happened and that company should be taken away.
And they'll lose the lawsuit. It says in your energy contract whether you follow the market or if you're going to buy it at a certain rate.
Agreed, it is predatory and unfortunate that the power company didn't eat the loss, but let's be honest, what large company would when they could pass it on to customers without breaching contract? These people literally signed a contract agreeing to pay the fluctuating real-time cost of energy. Normally that might be a benefit, but in this circumstance it clearly wasn't. This would be a scenario where either government steps in and sets limits on price gouging or takes measures to prevent drastic price increases, or else these people are unfortunately contractually obliged to pay the price, whatever it may be at the time. It's going to be an interesting court case if they have enough participants for the class action, but a very tough sell legally.
Why don’t they sue ERCOT?
Sigh the ignorance is real....ERCOT was ordered by the PUC to raise prices. It says it clearly in the order. Ercot has no authority to do that and they simply just follow orders
Sigh the ignorance IS real. ERCOT failed to start to rolling blackouts soon enough despite fair warning. Does that help you?
Lmao Ercot sent notices of bad weather out to the companies days before. The companies are not required to follow what ercot says about what to do with their equipment. Does THAT help you? Please keep digging yourself this hole because obviously you don't know what you're talking about. ?
Yes the ignorance IS real. You stupid fuck.
Lmao you can't even think of anything to respond with other than an insult ??. Let's see some facts you fucking clown.
Go fuck yourself faggot.
???? you're fucking pathetic.
By paying market price he is his own micro utility and could give himself a micro rolling blackout. The problem is no limit on his autopay. Did he turn of bill pay notification? I am sure he now wishes he was blacked out for his “protection” but that is not freedom.
Texans are frustrated but more government control is rarely the answer. Locking price down when not enough is like banning ticket scalping when show sells out, someone else determines who gets to attend. We need more supply for extreme weather events. If you have money and never bought a generator then that is part of problem. Why were gas plants and production not winterized fully? Economically it was deemed not to make sense for a once in a lifetime weather event.
Good!
Unity anyone??