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Tim Ellison's avatar

And it wasn't just Wholesale Electricity prices that spike X 300 --

Natural gas went up a factor of 20 ... wonder is this too shows up on peoples bills next month.

I love Crony Capitalism ... unfortunately, I'm not in the Club.

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Tim Ellison's avatar

Well, I guess the Power Companies can pass along those 300 times higher costs to some customers (e.g., from hundreds to thousands of dollars for a single month):

https://www.zerohedge.com/markets/outages-morph-outrage-texans-slapped-mind-blowing-power-bills

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Tim Ellison's avatar

ERCOT did to TX what ENRON did to CA. Maybe ERCOT hired all the Smartest Guys in the Room from failed-ENRON?

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Tim Ellison's avatar

I can't resist:

We need to shut off your power for just a few days

"To Flatten the Curve".

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