AUSTIN – Lt. Gov. Dan Patrick issued this statement today following Attorney General Ken Paxton’s legal opinion on correcting the Electric Reliability Council of Texas’ (ERCOT) pricing errors during last month’s winter storm:

“I had no doubt that asking the Public Utilities Commission (PUC) to direct ERCOT to correct their pricing errors was not in conflict with the law or the Texas Constitution and I am pleased that Attorney General Paxton has affirmed that the PUC has “complete authority” to act. Correcting ERCOT’s pricing errors is essential to save Texas ratepayers at least $4.2 billion and it is the right thing to do. The Texas House should move as quickly as possible to pass legislation and send it to Gov. Greg Abbott’s desk. The clock is ticking.”