City of Denton sues ERCOT after receiving $207M bill

[Elderberry]

Fox 4 KDFW 3/9/2021

The city of Denton goes to court Tuesday to stop a huge bill from the winter storm.

Denton has its own power system with an annual budget of about $230 million. But it was hit with a $207 million bill for just a few days of using very expensive power during the height of the deep freeze.

According to city documents, the average price of energy per megawatt-hour in February 2020 was $23.73. But during the rotating outages that began around the state, the price increased to between $2,400 and $9,000 per megawatt-hour.

Denton Municipal Electric had to take out an emergency loan to pay part of the bill.

Now the city wants a court order against the Electric Reliability Council of Texas, which is demanding to be paid.

More: https://www.fox4news.com/news/city-of-denton-sues-ercot-after-receiving-207m-bill

[Elderberry]

Denton County judge extends restraining order against ERCOT

DRC by Paul Bryant 3/9/2021

https://dentonrc.com/business/denton-county-judge-extends-restraining-order-against-ercot/article_a431cbaf-baa9-54ad-be9a-d5af0150ef2c.html

The temporary restraining order a Denton County judge granted in February in favor of the city of Denton against the Electric Reliability Council of Texas has been extended to April 30 following a hearing Tuesday in the 16th Judicial District Court.

But Judge Sherry Shipman delayed her decision on granting city officials’ request for a temporary injunction against ERCOT until April 23.

“I didn’t even know there was a hearing this morning,” ERCOT spokesperson Leslie Sopko said in a telephone interview Tuesday. “But we can’t comment on pending litigation.”

Shipman also set a hearing for April 23 on ERCOT officials’ motion to transfer — a move that would allow them to have the case heard before a judge in a different jurisdiction. Tuesday’s hearing lasted less than 20 minutes.

[thackney]

So can Brazos Electric null and void the bankruptcy they already files?