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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.

By Matt Largey, KUT News
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An electrical substation in Comfort, TX.
Credit: Callie Richmond

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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Matt Largey

KUT NEWS

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