Texas Orders Utility Retailers Not to Cut Customers Over Payment newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.
Texas utility regulators will temporarily ban power companies from billing customers after the deadly winter storm that caused widespread blackouts, Governor Greg Abbott said on Sunday.
Elected officials in Texas said the state should help pay some of the eye-watering electricity bills sent to residents after the devastating and deadly winter storm that caused widespread blackouts. Texas has a highly unusual, deregulated energy market that allows consumers to choose between scores of competing electricity providers. Some providers sell electricity at wholesale…
Texas utility regulators will temporarily ban power companies from billing customers or disconnecting them for non-payment, after the deadly winter storm that caused widespread blackouts, Governor Greg Abbott said on Sunday.
In Texas’s deregulated energy market, some providers sell electricity at wholesale prices that rise in sync with demand, which skyrocketed as a record-breaking freeze gripped a state unaccustomed to extreme cold