The company said that’s around 300 times higher than the normal wholesale price, and even though 99% of homes had electricity by Thursday evening, PUCT left the pricing in place.

"The market is supposed to set the prices, not political appointees," the company said. "We intend to fight this for, and alongside, our customers for equity and accountability – to reveal why such price increases were allowed to happen as millions of Texans went without power."

How can you have the market set prices with fed., state, local governments regulating everything?

@jameslavish

If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.

This is inflation