Public Utility Commission of Texas (PUCT)
Texas' Senate is requiring the repricing of $4.2 billion in transactions ERCOT’s IMM identified as “billing errors” associated with February's winter storm.
Gov. Greg Abbot rejected calls to fire PUC Chair Arthur D’Andrea, who has refused to reprice billions of ERCOT transactions during February’s winter storm.
The Texas PUC appointed former staffer Adrianne Brandt and former ERCOT COO Brad Jones to guide an analysis of last month’s outages.
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
Texas Public Utility Commissioner Shelly Botkin resigned Monday, leaving the three-person body with just one member, Chair Arthur D’Andrea.
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
Brazos Electric Power Cooperative filed for Chapter 11 bankruptcy, saying it was unable to pay ERCOT $2.1 billion in unexpected charges.
Under heavy fire from state politicians over her response to the massive Texas blackouts, DeAnn Walker resigned as the chair of Texas’ PUC.
Texas lawmakers took their shots at ERCOT as they tried to grasp the complexities of a system that failed during an “unprecedented weather event.”
Five out-of-state members of ERCOT’s Board of Directors, including new Chair Sally Talberg, told the Texas PUC they will resign Feb. 24.
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