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Rayburn Country Electric Cooperative Files Petition with the Public Utility Commission of Texas to Take Definitive Steps to Protect 225,000 Texans from Excessive Costs

Rayburn Country Electric Cooperative Files Petition with the Public Utility Commission of Texas to Take Definitive Steps to Protect 225,000 Texans from Excessive Costs ERCOT Independent Market Monitor letter states that ERCOT erroneously overcharged its market participants by $16 billion and recommended charges be reversed News provided by Share this article Share this article ROCKWALL, Texas, March 4, 2021 /PRNewswire/  Rayburn Country Electric Cooperative, Inc. (Rayburn), a not-for profit rural electric generation and transmission cooperative that provides the wholesale power requirements for four rural electric distribution cooperatives in Northeast Texas, today announced it has filed a petition with the Public Utility Commission of Texas (Commission) to order the Electric Reliability Council of Texas (ERCOT) to protect 225,000 Texas consumers by suspending invoicing, billing and collection of charges related to February s massive energy market failure. This announcement fo

CONSUMER ALERT: What you should know if your electricity provider goes out of business

CONSUMER ALERT: What you should know if your electricity provider goes out of business Debbie Strauss, Special Projects Producer Robert Arnold, Investigative Reporter Updated:  Tags:  HOUSTON – The fallout continues after last month’s historic winter storm that crippled the Texas power grid. The Electric Reliability Council of Texas announced this week that retail providers are behind by $345 million in payments. The power providers that are in default of payment are now trying to figure out what is next for their companies and what to do with their customers. Other providers on the ERCOT list say they are not behind on payments and their customers do not have to make a change.

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