On June 28, the Texas Public Utility Commission, the state agency that regulates energy, will likely vote on whether to sharply increase the top amount that electricity generators can charge retail providers such as Reliant and TXU for power when supplies run short. In other words, when we’re all whimpering and cranking the AC. In other words: August, when the increase would take effect.

The change would raise the price cap from $3,000 per megawatt hour to $4,500, increasing costs for retail providers when the grid gets taxed. Supporters insist that allowing power generators to charge more will encourage them to build more plants, thus saving the lights from going dim in the future.

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