This is exactly it. Because ERCOT is fully contained within the state of Texas they don’t have to follow any of the federal rules that would cover interstate connections in the Federal Power Act. The state can fully manage it without outside influence, and they’ve chosen to fully deregulate the entire market. Because fuck you it makes money.
Yep, a friend of mine there says he calls up different suppliers every year to shop for that year’s current best price because they all regularly jack it up.
Not a Texan, but as I understand if a state connects to other states then there are federal regulations that need to be followed.
This is exactly it. Because ERCOT is fully contained within the state of Texas they don’t have to follow any of the federal rules that would cover interstate connections in the Federal Power Act. The state can fully manage it without outside influence, and they’ve chosen to fully deregulate the entire market. Because fuck you it makes money.
Yep, a friend of mine there says he calls up different suppliers every year to shop for that year’s current best price because they all regularly jack it up.
Tell him to look at EnergyOgre.
Ah, freedom*!