In a large skillet, begin to melt 1 Tbsp of butter over medium heat. Add the frozen peas, carrots and 2 Tbsp of water. Continue to saute over medium low heat until the vegetables are tender (stirring often). This will take 4-5 minutes.
Stir in remaining 2 Tbsp of butter, garlic powder, onion powder, red pepper flakes and a dash of salt & pepper about 1 minute before you're ready to serve.
Once tender to your liking serve immediately for best texture results.