Texas’ power grid manager, Bill Magness, has been fired following the deadly power outages during the winter storms that left millions of people without water and electricity.
Bill Magness, CEO of the Electric Reliability Council of Texas was fired Wednesday amid growing calls for his poor handling of the power outage situation during the February winter storms in Texas. These deadly storms have killed more than 80 people across 11 states, while 47 deaths were reported in Texas alone.
Magness was dismissed from his position by the organization’s board of directors after an emergency meeting last night making him the second senior official to get fired after the worst blackouts in U.S. history. Around 5 other board members have already resigned amid the growing anger among the Texas residents.
Bill Magness has been given a two-month termination notice by the Electric Reliability Council of Texas (ERCOT) board. Meanwhile, the board will launch an immediate search for a new CEO.
During the emergency meeting on Wednesday, board members of ERCOT explained, “During this transition period, Bill will continue to serve as President and CEO and work with state leaders and regulators on potential reforms to ERCOT.”
According to several media outlets, Magness has reportedly made over $876,000 in salary and other compensation in 2019. He was in hot waters after the blackouts that began in February when the winter storms dropped the temperature to a single degree in Texas.
Millions of people were left without heat, water, and electricity for days. Adding salt to their injury, dozens of residents received electricity bills as high as $16,000.
On the other hand, Magness tried to defend his actions by saying, “It was seconds and minutes, given the amount of generation that was coming off the system at the same time demand was still going up.”
Mr. Magness will keep serving as the CEO of the Electric Reliability Council of Texas during this transition period.