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this post was submitted on 19 May 2024
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Welcome to your deregulated "free market", Texas. Don't want to be tied to government regulation? Guess you get to pay more or cook...or freeze. Your choice by season.
This is Enron-scale manipulation. Someone's ripping off the public and making a mint with the help of the regulators.
Jerry Jones, yeah same one that owns the Cowboys, made almost $1B off the price hikes durning the big freeze that almost crippled the grid.
The vast majority of Texans are on contracted plans and pay a consistent price per kilowatt.
That doesn’t mean prices won’t skyrocket when that contract renews though