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


By -- ZeroHedge—— Bio and Archives--February 21, 2021

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The rolling blackouts that plunged up to 15 million Texans into darkness amid a historic cold snap are diminishing by the end of the week. 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. 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. -- More...
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