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Consumer rights groups demand policy reform as major Texas electric customer profits from power cutbacks - KEYE TV CBS Austin

KEYE TV CBS Austin · last updated

Consumer groups unite to call for reform of ERCOT buyback agreements with large power customers | KEYE

Consumer groups are demanding ERCOT reform policies that govern transactions with large power customers. This follows the revelation that Riot Platforms, the state's largest crypto mining operation, garnered nearly $32 million through electricity buyback agreements this summer while individual Texans were urged to save energy amidst a power shortage. (CBS Austin file image)