AUSTIN (Texas Tribune) — The Electric Reliability Council of Texas made a $16 billion error in pricing during the week of the winter storm that caused power outages across the state, according to a filing by its market monitor. Potomac Economics,…
Category: Electricity
Opinion: Griddy ‘wholesale’ pricing model iced over during the perfect storm; but there’s a way to fix it
Griddy, the Houston electricity retailer that sent those massive bills to customers after the big snowstorm, has had a bad few days. On Feb. 26, ERCOT shut them down for non payment of bills. On the following Monday the Texas…