Skip to content

Vistra Accuses Energy Transfer of Price Gouging Before Storm

  • Generator asks Texas regulators to launch enforcement action
  • Gas supplier’s units seeking to add new pricing mechanism
Updated on

Vistra Corp., one of the largest power generators in Texas, accused units of pipeline operator Energy Transfer LP of price gouging ahead of a looming winter storm that will raise demand for natural gas.

Two Vistra units filed a complaint Tuesday to the Texas Railroad Commission, which oversees the oil and gas industry, requesting action against the pipeline firm over a plan to charge a premium when electricity prices at certain hubs exceeds $500 a megawatt-hour.