We’ve learned nothing from the 2021 winter storm that killed over 200 people.
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They did change one thing. You used to be able to get electricity at wholesale prices from certain providers. When the rates went crazy during the 2021 storm and people's crazy bills for turning on the lamp blew up on the news, they shut down that option.
These rate surges do hurt customers, but now it's in the form of rate increases when their contract expires.
Thank you for the clarification.
Rationality is out of the window. Ideology is the new religion. They don't want to become "socialists" even though they don't know what it truly means.
It's almost scary to think of how bad it would have to get in order for voters to tick the boxes for Greens or Libertarians.
Like, how badly do these fuckers have to fail before you're willing to shed your partisan jersey and vote to your own benefit?
“Socialism is when capitalism.”
Correct.
Didn't the state basically re-elect everyone who oversaw that shit show?
Not only did they re-elect them, deregulating the power grid even more was an explicit part of the Republican platform
Partisanship is a hell of a drug.
Instead of requiring weatherization, they allowed power plants to opt out.
Lawmakers on the Senate Business and Commerce Committee were frustrated that the new law allows natural gas companies to opt out of weatherization requirements if they don’t voluntarily declare themselves to be “critical infrastructure” with the state.
https://www.texastribune.org/2021/09/28/texas-power-grid-loophole/
It’s absolutely wild. The last time around, people died, and a lot more were put into financial hardship due to the shitty, hypercapitalist energy infrastructure. People were rightly ripshit angry about it.
And then nothing was done about any of it.
And then people keep voting for the politicians who created and perpetuated the situation.
It’s really hard to keep giving a shit about people who actively work and vote to make their own lives worse.
Welcome to your deregulated "free market", Texas. Don't want to be tied to government regulation? Guess you get to pay more or cook...or freeze. Your choice by season.
This is Enron-scale manipulation. Someone's ripping off the public and making a mint with the help of the regulators.
Jerry Jones, yeah same one that owns the Cowboys, made almost $1B off the price hikes durning the big freeze that almost crippled the grid.
It's not a coincidence that Texas is a hotbed of development for "microgrid" systems to cover for when ERCOT shits the bed -- and of course all those systems are made up of diesel and natural gas generator farms, because Texans don't want any of that communist solar power!
I've got family in Texas who love it there for some reason, but there's almost no amount of money you could pay me to move there. Bad enough when I have to work on projects in the state -- contrary to the popular narrative, in my personal opinion it's a worse place than California to try and build something, and that's entirely to do with the personalities that seem to gravitate to positions of power there. I'd much rather slog through the bureaucracy in Cali than tiptoe around a tinpot dictator in the planning department.
Not to mention their Governor, who seems to be in a race with FL's Governor for the "evil monster of the century award."
Lol so how’s that “deregulated freedom” working out for you, Texans?
I live in Texas and have already received 2 notices this spring to conserve electricity. It has barely hit 90, and they aren't able to keep up with demand. They get the same weather reports we have access to, up to 14-21 days, yet they can't/won't anticipate demand?
It's almost like they have a financial incentive to pull this shit.
In 2000/2001 this same shit was being done in California, leading to rolling blackouts and record-high energy prices. One company was buying all the plants and shutting them down for "maintenance" specifically to increase energy prices.
There were going to be congressional hearings over it in early 2022, but that company was Enron, and at the end of 2001 they collapsed due to other bullshit they were pulling.
Fun fact, in case you weren't aware; Texas pays bitcoin mining companies to shut off their rigs during peak demand.
Miners love this; in effect they can just threaten to mine bitcoin and get paid as much as they would have made actually mining bitcoin, but without the wear and tear on their expensive hardware. It's a legalized extortion racket being enacted on the public purse.
Apologies if I just gave you even more reason to be angry.
Bookmarking this for the next time white supremacists here in good ole' South Africa peddles the "privatisation is the only thing that will fix our electricity problems!" bullcrap.
Thanks, Texas!
No no no, that's not true privatization. True privatization would fix all the problems
Pretty sure they are happy they don't have "communism" when they pay those bills.
Imagine all those Californians that moved to Texas.
Seriously they deserve what they get for not appreciating what they had.
Some, but there are a lot of people here who recognize the hypocrisy and trash policies put into place in the state by politicians who do not wish to govern, only consolidate power.
I bet those businesses who relocated from Cali to Texas are loving those power prices.
Oh yeah, they already left Texas.
Oh, Texas. Your power grid is an endless source of amusement (for people who don’t have to rely on it, of course).
Losing power for three days, but knowing my energy bill will be twice as high as last months is always a cool feeling.
Enjoy the freedom!
Greed and incompetience. No wonder Texas has been resistant to federal regulation and interconnect its power network with the rest of the country.
Everything's bigger in Texas, even the power bill.
Everything is bigger in Texas
* Except the paycheck
So I assume that ted cruz flees to ski somewhere this time? And does he still blame his daughters, or does that change as well?
Buttma taxes
Texas indeed has been blessed with much sunlight to make solar energy quite viable. This includes solar hot water heaters, and many trees to grow with vigour and bio-filtrate.
The Enrons are Enroning the faces.
I guess they'll have to shut down their bootstrap-pulling engines for awhile.