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Texas Agency Retains Power Pricing Despite $16B Overcharge

By Michael Phillis (March 5, 2021, 10:17 PM EST) -- The Public Utility Commission of Texas declined to retroactively reduce electricity prices after an independent market monitor said decisions by the grid regulator during the deadly Texas winter storm resulted in $16 billion in overcharges, saying there were too many unknowns to make an after-the-fact correction....

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