Griddy: Why a Texas electricity company is under fire for astronomical bills during winter storm
with energy bills costing them thousands of dollars, despite residents being without power for multiple days due to the frigid temperatures impacting the system. These bills were as high as $17,000 for some residents, according to , and has put a new focus on the deep-rooted problems into the state’s market for selling electricity to consumers. has an independent, deregulated electricity market, which offers both wholesale and fixed-rate power plans for residents. The structure is the only of the kind in the continental United States, as ...
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