Shocking? ruling about Uri and the PUC?

Austin's Third Court of Appeals said last week the Public Utilities Commission royally screwed the pooch with its $9,000 per megawatt-hour electric rates during Winter Storm Uri. Now, the big issue (if the state Supremes affirm) is noted within the Trib's story. What does this mean for electric customers? What'sit mean for utilities? And, not mentioned by the Trib, what's it mean for the PUC's and ERCOT's range of actions in a similar situation in the future? And, yes, such a similar situation will almost certainly happen.

In addition, this has been remanded (to district court, I presume) for further action. Given that courts make sausages just like legislators, who knows what will result.

One thing's pretty certain.

Per a quote in the Trib piece, you and I likely won't get a dime of rebate. Riffing on that, ERCOT will continue to refuse to hook up to the rest of the US grid. And, the Lege, which between House and Senate, couldn't settle this issue two years ago, will likely fail again.

And, how much or how little will this help rural electric coops or Brazos Electric, the supplier to most of them?

Related, at the Snooze. Gas utilities, which are more regulated, are possibly getting a bailout. I don't blame rural electric co-ops, in particular, from being kind of pissed.