So Austin Energy added almost $200 to our August Power bill as a “power supply adjustment”. What a rip off. Thanks ERCOT!
Power Supply Adjustment — The Power Supply Adjustment is a dollar-for-dollar recovery that includes the cost of fuel for our power plants, the cost of electricity purchased from the grid and any net charges experienced as Austin Energy sells power to the grid.
UPDATE: seems these have been on our power bills for at least a year. Probably averaging $150 or so. My contribution to the Friends Of ERCOT fund.