Appeals court says state agency set electricity prices too high during 2021 winter storm

that would allow companies to access cheap, long-term loans to avoid passing the large costs on to consumers all at once.

“We agree with the decision today by the Court of Appeals in Austin, but this is an ongoing legal proceeding and we cannot predict the final outcome,” Vistra said in a statement.by The Dallas Morning News. “You would have to figure out who paid what to whom and sort of undo the daisy chain of transactions and sales as you’re repricing,” said Silverstein, who now works as an energy consultant in Austin.

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