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Texas PUC Staff File Draft Proposal For Adoption For Changes To Low Price Cap In ERCOT, Would Reject Make-Whole Cost Allocation Recommendations From Retail Providers

REPs Had Proposed Specific Cost Recovery Mechanism, Opposed Use Of Uplift

Staff of the Texas PUC have filed a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities are able to…

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Texas Gov. Signs ERCOT Market Securitization Bill; Financing Programs Include Relief For REPs From Ancillary Service, Reliability Adder Charges Above $9,000, As Well As ERCOT Defaults/Short-Pays

Final Bill Omitted Relief To REPs For 32 Hours At $9,000 After Load Shed Ended

Texas Gov. Greg Abbott has signed HB 4492, which provides a financing program available to retail electric providers for ancillary service charges and reliability deployment price adders above the $9,000 cap

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Lawsuit Seeking Class Action Status Filed Against Texas Retail Electric Provider Over Pass-Through Of Ancillary Service Costs From Winter Weather Event To Customers On Contracts Alleged To Be Fixed Price

Aggregator Files Complaint Against REP At Texas PUC Over Similar Issue

A North Texas plastics company (J&M Plastics, Inc., or 'Plaintiff') has filed a proposed federal class action lawsuit against MidAmerican Energy Services, alleging that, "the electricity supplier passed through unauthorized fees to commercial customers with contracts marketed as fixed-rate plans."

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ERCOT News (Page 25) | EnergyChoiceMatters.com