AUSTIN — Gov. Greg Abbott’s campaign is disputing accounts that he ordered Texas’ power grid operator to set electricity prices at a sky high cap during 2021′s ...
Abbott’s campaign said the governor had no hand in directly setting energy prices during the 2021 winter storm that created billions in debt for power companies that are passing along the costs to Texans.
Magness, during a bankruptcy trial in Houston on Tuesday, testified that Abbott had given orders to the Public Utility Commission to take any and all action to prevent further black outs during the winter storm.
“She told me the governor had conveyed to her if we emerged from rotating outages it was imperative they not resume,” Magness testified, according to theTo his critics, the implication was that Abbott ordered the price to stay at a $9,000 per megawatt hour cap longer than necessary, a rate that is hundreds of times higher than the average price.
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