Earlier quoted context omitted.
$0.05 to $0.10/kWh seems like normal pricing. Average US house uses ~1100-1200 kWh (I don't actually know this, based on googling, assuming most places in Texas are standalone houses) per month. If prices are $3000-9000 per MW, then ~40 to 60 kWh/day (let's be generous, people are explicitly turning on heat for this extreme cold) for a week... Even $2/kWh (which was exceeded days ago) would demolish peoples' budgets.
Those prices are far below normal prices. Normal is 28-50 cents in places like San Diego ( https://www.sandiegouniontribune.com/business/energy-green/s... ).
Power is very very very cheap in Texas.