What is Texas going to do about the price gauging with the electric companies?

Question

Update:

For those that say it was in their contract it is still inexcusable to condone economic exploitation 

Update 2:

Since some of the people that answered obviously don't know what price gouging is here is the definition Price gouging occurs when a seller increases the prices of goods, services or commodities to a level much higher than is considered reasonable or fair. 

Answer 1

Nothing

Republicans don't care how much corporations rip off the citizens.

Republicans never have been and never will be "for the people"

Answer 2

Their politicians will do what all politicians do,  form a committee to conduct an investigation !

Answer 3

WILL THE RIGHT ALLOW THE LEFT TO DESTROY THIS COUNTRY OR WILL WE HAVE A CIVIL WAR

Answer 4

How is anyone supposed to know this? Seriously, what do you want f/ us? The word "deregulation" is as pleasing to a rightie's ear as the word "socialism" is displeasing. The crisis is a result of deregulation. This is known. Don't expect people to NOW be able to peel back the layers in complicated equations when 'surface' words are so effective.

Answer 5

Those people could have asked for a fixed rate, as many did.  Some took a gamble, and lost.  It was in the contract they signed. 

Answer 6

Nothing. That's called CAPITALISM.

Answer 7

During a pandemic and a statewide black out if your electric bill was $200 a month and now it is $20,000 than that is price gauging 

Answer 8

It’s not price gouging 

The contracts a few people signed stated that they get much cheaper rates during normal times and much more expensive rates during times of shortages