On 03/01/2021 02:52 PM, Ralph Mowery wrote:
In article ,
says...

How can there be an electric charge of one weeks of power that exceeds
abot 3 times what it should be for a year ?

Deregulation.

Simply put, as the supply of electricity approached zero, the price of electricity
approached infinity.

Cindy Hamilton



Looks like that should somehow come under the price gouging laws. Where
if due to some disaster prices can not rise much above the normal price
range.


It the state agency that set the spot price at $9000 MW-hour.