The PUC Can — and Should — Stop ERCOT From Wasting Money
ERCOT’s spending on expensive, inefficient generation is a problem for ratepayers; it’s time for the PUC to intervene.
The ERCOT Board recently voted to spend another $54 million of ratepayer funds — on top of $50 million approved previously — to temporarily alleviate a possible (but not probable) grid reliability problem around San Antonio. The $54 million would let ERCOT lease, transport, and connect CenterPoint Energy’s “mobile” generators to CPS San Antonio’s distri…
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