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Electricity Price Cap in Question After Blackouts

When blackouts rolled through the state last week, wholesale electricity rates skyrocketed to more than 50 times their normal price, finally hitting a set limit. But as Matt Largey of KUT News reports, the timing of changes to that limit is raising questions.

An electrical substation in Comfort, TX.

When blackouts rolled through the state last week, wholesale electricity rates skyrocketed to more than 50 times their normal price, finally hitting a set limit. But as Matt Largey of KUT News reports, the timing of changes to that limit is raising questions.

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