ERCOT puts CEO Pablo Vegas contract on hold after Dan Patrick criticism
Just hours after the Electric Reliability Council of Texas approved a multimillion-dollar contract extension for President and CEO Pablo Vegas, the grid operator put the deal on hold. The pullback came after criticism from Lt. Gov. Dan Patrick. “During a time of increasing utility costs, this is not the time to give the CEO of ERCOT a multi-million-dollar pay raise on the backs of ratepayers,” he posted on X. “I am against this increase, and I think the legislature will agree that the amount is…
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