If Texas Follows California on a Power-Price Freeze, the Blackout Risk Is Later Winters

Gov.-elect Gina Hinojosa pledges a Day One emergency order to freeze electricity rates. Texas households already pay more per kilowatt-hour than they did in 2020, but far less per kilowatt-hour than Californians, and ERCOT’s January outlook is comfortable. California’s 2000–01 record is a warning, not a prediction: freeze retail prices while costs rise, and the […]

Continue Reading