Denton city goes to court Tuesday concerning a huge bill from the winter storm.
Denton has its own power system with an annual budget of about $230 million. But it was clobbered with a $207 million bill for just a few days of using very expensive power during the winter storm.
According to documents shown by the city, the average price of energy per megawatt-hour in February 2020 was $23.73. But the fluctuating outages that began around the state led to a price increase to between $2,400 and $9,000 per megawatt-hour.
Denton Municipal Electric was forced to take out an emergency loan to pay part of the bill.
Now the city wants a court order against the Electric Reliability Council of Texas, which is demanding to be paid.
Lawyers for the city claim ERCCOT is illegally passing on the cost of power during the outages to cities.