Outages Morph Into Outrage As Texans Slapped With “Mind-Blowing” Power Bills

Read more on this subject: Texas
News Story Source: https://www.zerohedge.com by Tyler Durden
 About 188k customers were without power in the state on Friday morning. Days after power prices jumped from $50 per Megawatt to more than $9,000, the horror stories pour in for those who had power this week during grid chaos as they are mind-boggled how their energy bills skyrocketed. 

None of these horrifying power bill stories below should be a shock as we described to readers in the piece titled "Power Bills To The Moon: Chaos, Shock As Electricity Prices Across US Explode," that this would happen. 

Texans who were on a variable or indexed plans with power companies are only now reporting their bills have jumped hundreds of dollars, if not thousands of dollars for the month. 

Royce Pierce told Newsweek he owes electric company, Griddy, $8,162.73 for his electricity usage this month. He said that's a massive increase from his usual $387 bill. 

"It's mind-blowing. I honestly didn't
Read More or Make a Comment

Bookmark the permalink.

Comments are closed.