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The Texas Tribune
The Texas Tribune
National
Kevin Vu and Emily Foxhall

Texas power grid operator approved for a 40% budget increase


The Texas electric grid operator’s budget will grow 40% next year, adding nearly $119 million to its current $287 million budget. Much of that will come from charging higher fees to companies that sell power to consumers.

The fee increase will cost the average residential customer less than 20 cents a month, according to the operator.

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