![]() ![]() The top elected official for Dallas County, Judge Clay Jenkins, used Twitter to ask for help from his constituents. Paxton is also investigating the prices charged by individual electricity providers during the storm, including prices charged by Griddy. His office is seeking documents from ERCOT, including communications between the council and electricity providers about "energy pricing and/or price increases" during the winter storm, and price-related complaints that the council received from customers. Meanwhile, Texas Attorney General Ken Paxton has launched an investigation. At the Saturday meeting, a group of nine bipartisan state legislators, "focused on the need to quickly calculate the total cost of these energy bills and how the state can help reduce this burden," according to a statement released by the governor's office. It's still unclear how many Texans are facing huge bills. "We have a responsibility to protect Texans from spikes in their energy bills that are a result of the severe winter weather and power outages," the governor said. On Saturday, Texas Governor Greg Abbott held an emergency meeting to discuss the exorbitant energy bills. "We intend to fight this for, and alongside, our customers for equity and accountability – to reveal why such price increases were allowed to happen as millions of Texans went without power," Griddy's leaders wrote in a blog post. Officials for ERCOT and the Public Utility Commission of Texas were not immediately available for comment. Texas utility regulators allowed that price to rise to $9 per kilowatt-hour. The average price for electricity in Texas in the winter is about 12 cents per kilowatt-hour, according to the U.S. As a result, electricity prices skyrocketed. As the storm caused temperatures across the state to plummet early last week, the utility commission ordered the council to allow prices to increase to reflect the lack of supply. Griddy laid the blame with the Electric Reliability Council of Texas (ERCOT), which manages the vast majority of the state grid, and the Public Utility Commission of Texas. Very awesome time to be a texan □□ /zbn9bbxlim Switching electricity companies can take days, and in the meantime the price of electricity increased dramatically. As the storm moved in, the company took the extraordinary step of urging its customers to switch to a different electricity provider. One of the most popular wholesale plans in the state is offered by the company Griddy. Variable-rate plans are enticing to many people because the price of electricity is often low during normal weather conditions, and because it theoretically allows people to use more electricity when the price is lower - for example, by running appliances overnight.īut when a winter storm caused Texas' grid to all but shut down last week, the wholesale price of electricity skyrocketed. Such plans charge different prices for electricity depending on how much demand there is. Residents with variable-rate power plans are being hit the hardest. Many residents face enormous bills for the electricity they used during the storm. ![]() ![]() But those who had power, even intermittently, are also paying a price. Millions of Texas residents suffered last week when a winter storm caused a statewide electrical grid failure. Some residents of Texas are facing enormous power bills after wholesale prices for electricity skyrocketed amid a massive grid failure. ![]()
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