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ERCOT overcharged power companies $16 billion for electricity during winter freeze, firm says

ERCOT overcharged power companies $16 billion for electricity during winter freeze, firm says
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ERCOT overcharged power companies $16 billion for electricity during winter freeze, firm says

ERCOT overcharged power companies $16 billion for electricity during winter freeze, firm says
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ERCOT overcharged power companies $16 billion during freeze, firm says

ERCOT overcharged power companies $16 billion during freeze, firm says
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ERCOT overcharged power companies $16 billion for electricity

ERCOT overcharged power companies $16 billion for electricity
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ChartWatch: Major Texas co-op files for bankruptcy as freeze impacts widen

Blog Blog PODCAST Blog 3 Mar, 2021 Author Nephele KirongSelene Balasta This is an update to the continuing financial impacts tracker: Electricity and natural gas companies continued to warn of potential financial exposure from the February arctic freeze that caused a grid crisis in Texas, with the independent market monitor of the state s grid operator flagging flaws in certain market transactions that occurred during the winter storm. Brazos Electric Power Cooperative Inc., the oldest and largest generation and transmission power cooperative in Texas, declared Chapter 11 bankruptcy after receiving excessively high invoices from the Electric Reliability Council Of Texas Inc. which required payment within days.

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