Texas Coop Requests Suspension of ERCOT Invoicing, Billing, Collection
Rayburn Country Electric Cooperative asked Texas state regulators to order the Electric Reliability Corporation of Texas (ERCOT) to suspend invoicing, billing and collection of charges related to February’s power outages after it was discovered that ERCOT may have charged $16 billion more than it should have during the mid-February winter storm. The coop says charges “stand to cause Texans financial devastation, with sky-high bills from the basic failure of the energy markets.”