Texas' largest power cooperative filed for bankruptcy protection in federal court in Houston on Monday, March 1, citing a disputed $ 1.8 billion debt to the state's grid operator. Court [.]
CONSUMER ALERT: What you should know if your electricity provider goes out of business
Debbie Strauss, Special Projects Producer
Robert Arnold, Investigative Reporter
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HOUSTON – The fallout continues after last month’s historic winter storm that crippled the Texas power grid.
The Electric Reliability Council of Texas announced this week that retail providers are behind by $345 million in payments. The power providers that are in default of payment are now trying to figure out what is next for their companies and what to do with their customers. Other providers on the ERCOT list say they are not behind on payments and their customers do not have to make a change.
Texas power cooperative files for bankruptcy, citing $1 8 bi yibada.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yibada.com Daily Mail and Mail on Sunday newspapers.
Texas power cooperative files for bankruptcy facing $2bn bill for storms msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.