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Tribune News Service
Tribune News Service
Business
Irene Wright

New model for Texas power grid is working, and Texans are paying for it

Making sure Texans’ air conditioning and heat stay on during extreme temperature swings is coming at a potentially hefty cost to consumers — $1.5 billion this year.

That price tag is a result of steps taken to boost the reliability of the state’s electric grid — measures being stress-tested now by a heat wave engulfing Dallas-Fort Worth and the rest of the state.

Those measures also could bring a massive payday for Irving-based Vistra, the state’s biggest power generator.

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