Mine was $60 (edit: just under 70 was my bill) and I didn’t lose power. I have a fixed rate plan. People who had those bills (which I think are being adjusted down) are people whose electric plans were based on the wholesale market price. Those people love it when the wholesale market is really low like it would be normally. Not so good when when the market was tough.

I agree that Ercot shouldn’t have charged that much for wholesale and they are being sued because of it. I also think that there shouldn’t be any plans based on the wholesale market price because people aren’t smart enough to know what that means and how wholesale prices affect their monthly bills.

Edit: every summer there is outrage over sky high bills when it’s 100 F for a few weeks from the folks who have the plans based on the wholesale price. So nothing new for Texas. And the advice always given is this: If you don't understand the plan, don't sign up for it.

Mine was $60 (edit: just under 70 was my bill) and I didn’t lose power. I have a fixed rate plan. People who had those bills (which I think are being adjusted down) are people whose electric plans were based on the wholesale market price. Those people love it when the wholesale market is really low like it would be normally. Not so good when when the market was tough.

I agree that Ercot shouldn’t have charged that much for wholesale and they are being sued because of it. I also think that there shouldn’t be any plans based on the wholesale market price because people aren’t smart enough to know what that means and how wholesale prices affect their monthly bills.

Edit: every summer there is outrage over sky high bills when it’s 100 F for a few weeks from the folks who have the plans based on the wholesale price. So nothing new for Texas. And the advice always given is this: If you don't understand the plan, don't sign up for it.

Would you pay extra in taxes if Matthew Mcconaughey became governor and did his press conferences shirtless? I would.

Those are the people who think you're a dope for paying $65 in October when they're paying $35. How can you really feel sorry for them?