While electricity prices spiked to nearly 23 times what they should have been for just a tiny period of time, the energy trader who discovered the error, Adam Sinn of Raiden Commodities, has estimated that that little mistake cost consumers somewhere around $50 million.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.