Texas lawmakers advanced during the week ending May 14 eight bills related to the mid-February storm that shut off power for about 4 million customers, with two sent to Gov. Greg Abbot to sign. Receive daily email alerts, subscriber notes & personalize your experience. Register Now But none of the eight bills addressed key concerns around weatherizing power infrastructure. One of the bills approved for the governor’s signature May 14, House Bill 16, bans the sale of wholesale indexed electricity to residential consumers, which became a big issue when customers of the Griddy retail electricity provider passed on the $9,000/MWh wholesale cost of electricity to customers in the Electric Reliability Council of Texas. ERCOT barred Griddy from the Texas market in late February. The other bill pending the governor’s signature is House Bill 2586, which would require an independent audit of ERCOT to be posted publicly. The […]