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How should you shop for cheap electricity in 2021? Very carefully

How should you shop for cheap electricity in 2021? Very carefully
dallasnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dallasnews.com Daily Mail and Mail on Sunday newspapers.

Griddy: Texas power startup stuck customers with huge energy bills

MATTHEW BUSCH/AFP via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The startup Griddy is behind many of the enormous energy bills that homeowners in Texas faced after the winter storm.   Griddy had big plans to disrupt Texas s electricity market when it launched in 2017. Now it faces a lawsuit filed by the state AG alleging that it misled customers.  The state grid operator has effectively shut the company down.  Griddy, a startup in Texas, had a simple pitch: Switch to Griddy and save money on your electricity bills. Many Griddy customers were stuck with thousands of dollars worth of energy bills. Some owed more than $15,000 to the Houston firm, The New York Times reported.

State s power crisis spills into retail market with fewer choices, higher prices

State s power crisis spills into retail market with fewer choices, higher prices FacebookTwitterEmail 1of3 Frozen utility lines in Austin, Texas, U.S., on Wednesday, Feb. 17, 2021. The crisis that has knocked out power for days to millions of homes and businesses in Texas and across the central U.S. is getting worse, with blackouts expected to last until at least Thursday. Photographer: Thomas Ryan Allison/BloombergThomas Ryan Allison / BloombergShow MoreShow Less 2of3 Residents shovel snow from the street in front of a home in East Austin, Texas, U.S., on Wednesday, Feb. 17, 2021. The crisis that has knocked out power for days to millions of homes and businesses in Texas and across the central U.S. is getting worse, with blackouts expected to last until at least Thursday. Photographer: Thomas Ryan Allison/BloombergThomas Ryan Allison / BloombergShow MoreShow Less

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