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Griddy Energy customers may be off the hook for exorbitant energy bills after company files bankruptcy
Texas Tribune
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Griddy Energy filed for bankruptcy Monday, which if approved in court, will let former customers off the hook for electric bills incurred during the late-February winter storm including many who reported receiving bills charging them thousands of dollars.
Griddy’s approximately 29,000 customers were charged $29 million for energy during the winter storm, according to court documents. The wholesale electricity retailer, which has recently been forced out of the market, charged a $9.99 monthly fee and, in turn, passed along wholesale prices to customers.