No. A bunch of people left the ERCOT board, but that was about it.
As of right now, the power companies have had to eat the massive penalties the DoE foisted on ERCOT, but they are hunting for ways to pass it on to the end consumer. I'm sure our rates will quietly go up before the year is out as they try to spread the repayment out instead of just stick people with one massive bill.
This smells just like the Texas energy grid shutdown in the middle of a huge winter storm.
Did anyone go to jail for that?
No. A bunch of people left the ERCOT board, but that was about it.
As of right now, the power companies have had to eat the massive penalties the DoE foisted on ERCOT, but they are hunting for ways to pass it on to the end consumer. I'm sure our rates will quietly go up before the year is out as they try to spread the repayment out instead of just stick people with one massive bill.
Corporate redistribution. Rules for thee but not for me.
Zinger that ☝?