Is this a valid comparison? The issue in Texas was due to faulted generation which automatically triggered a cascade of tariffs - all of which were resolved and not billed to customers.
It's like being given the company credit card and being told "spend whatever you like, bezos will pay the bill".
1. Those prices came only from certain resellers, majority Texans were not affected by this.
2. People ended up having to pay that. ERGOT said those prices were valid and people got fucked.
This happened because ERGOT temporarily remove a cap on prices to retain stability during shutdown, allowing certain entities to take advantage of this. In my opinion, while this was not against the law, it was criminal in nature.