November 30, 2022
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Commissioner Will McAdams (center) leads the PUC...s discussion of securitization issues in the absence of recused Chairman Peter Lake. | Texas Admin Monitor

Texas PUC Finances Market Debt over Lt. Gov.’s Objections

Commission Approves $2.9B in ERCOT Debt-obligation Requests

Oct 4, 2021
Tom Kleckner
Public Utility Commission of Texas (PUCT) / Texas

Despite political pressure, Texas regulators have approved a pair of ERCOT requests to finance $2.9 billion in market debt incurred during the winter storm.

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