AP file
AUSTIN, Texas (AP) The last Texas regulator on the Public Utility Commission at the time of the deadly February blackouts has resigned, Gov. Greg Abbott announced Tuesday.
In a statement issued Tuesday night, Abbott said he had asked for and accepted the resignation of Arthur D Andrea, the last remaining member of the Public Utility Commission of Texas.
D Andrea, like DeAnn Walker and Sherry Botkin, had been Abbott appointees to the three-member PUC. Walker, the PUC chairwoman, resigned March 1; Botkin resigned March 8.
Abbott, a Republican, had blamed the power failures on the state’s grid manager, the Electric Reliability Council of Texas, commonly known as ERCOT. But the three-member commission appointed by Abbott has oversight authority over ERCOT.
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While many Texans last week were worried about sky-high electric bills from February’s winter storms, the state’s sole utility commissioner was privately reassuring out-of-state investors who profited from the crisis that he was working to keep their windfall safe.
Texas Monthly has obtained a recording of a 48-minute call on March 9 in which Texas Public Utility Commission chairman Arthur D’Andrea discussed the fallout from the February power crisis with investors. During that call, which was hosted by Bank of America Securities and closed to the public and news media, D’Andrea took pains to ease investors’ concerns that electricity trades, transacted at the highest prices the market allows, might be reversed, potentially costing trading firms and publicly traded generating companies millions of dollars.
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