Really, I know you won't read anything from but for others:
A federal report after the 2011 outages urged hardening electric generators against extreme cold, but neither the commission nor Ercot required plant owners to do anything more than file the weatherization plans. There are no standards for what must be in those plans.
Ercot staffers conduct spot checks at a small portion of power plants every year to, among other things, check on their progress at protecting equipment. But, Bill Magness, Ercot’s president, said: “These are not inspections.” There is no regulatory authority to issue fines or penalties.
NO ability to issue fines or penalties. Hmmmmm. I wonder, why would you not have ANY ability to issue fines or penalties to electrical utilities? How many other states follow that?
In anti-government Texas, catastrophic storms prompt calls for regulation | Texas | The Guardian
If you don't like that, here is a site touting Texas' deregulation:
The main benefit to an energy deregulated market is that the rates for electricity lower (over time). While the years following 2002 saw an increase for residential customer electricity rates, the years between 2010 and 2015 have seen a significant decrease. Texas rates during this time fell well below the national average.
Introducing competition to the electricity market is also a significant benefit to Texans. Naturally, when you have more companies with similar products to choose from, those companies need to ensure that their products (and rates) are the best in the business. If a customer is not satisfied with their rates with one REP for example, they can switch to another REP with relative ease. Overall, energy deregulation prevents companies from turning into monopolies that have complete control over the cost of electricity.
Read their link,
The Ultimate Guide to Texas Electricity Deregulation – Electric Choice . See how often "reliability" is mentioned. Interesting that they never make the claim that deregulated energy is more reliable, isn't it? And as to that decrease in rates from 2010-15, I wonder if we carry that out to 2021 how that works. A single bill of $7000 for a homeowner would probably offset all the savings of the rest of the period.
There aren't claims I have seen that deregulated energy is more reliable, greener, more colorful with better flavor. It is cheaper. That is the claim for having it, cheaper. Simple logic that Texas deregulated simply for cost and that's it.