College Station Utilities: Winter storm`s cost likely more than $48 million
(World News USA)

College Station Utilities said that providing electricity to its customers during February`s winter storm will likely end up costing more than $48 million. Electricity was trading, according to the Houston Chronicle, at the state maximum of $9,000 per megawatt hour in wholesale markets across the state the week of the storm, compared to an average of $22 per megawatt hour in 2020. College Station was one of many utilities in the state that had to purchase several days of replacement power at the state grid operator`s inflated market-based prices, costing CSU about $13.6...