For example, The Railroad Commission regulates oil and gas production, but not railroads, while insane is not the word I would use, some things about Texas are extra quirky.
The utility (electricity) rates during part of the crisis are rational if eye watering.
Spare the people their money and protect your own service. Win win.
That said, the pay-go market rate plans do make (it's in the electricity facts statement) it abundantly clear that you'll pay more, potentially a lot more, during extraordinary times.
I do recall the legislature (or courts, maybe) stepping in and offering some relief to the people who had "market-rate" plans.
Please don't post comments saying that HN is turning into Reddit. It's a semi-noob illusion, as old as the hills.