The Mayor Thinks He Is a Hero

The Mayor is in denial about the city contracts for green energy. US News 

The headline of the article is: 

"Texas City Leaders Face Wrath of Residents Over Green Energy Deal"

Yet the mayor gives the following quote: 

"I don't think I've let citizens down," Ross says. "We did what we believe was the right thing. I was very effective at spreading the message of green and our success story. I think the long term is going to prove that to be true."

Of course the issue is the money. $28M+ has already been lost and even if the energy prices recover so that the energy contract prices are cheaper than those available through ERCOT in the future, the $28M+ will not be recovered and paid back to the rate payers through lower electric prices.

So it is unlikely that the green energy contracts will ever be a "good deal" for Georgetown rate payers.

In the meantime the rate payers are paying higher prices for electricity!