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Texas Power Company Seeks Bankruptcy Protection; Others Likely to Follow

Texas Power Company Seeks Bankruptcy Protection; Others Likely to Follow
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Rep Glenn Rogers Monthly Column – March: The Winter Storm

Over the last couple of weeks, I’ve heard from many of you about the power outages and the physical and financial suffering caused by the unprecedented winter storm our state experienced. Like most of you, I am disappointed, frustrated and question how this could have happened in Texas, a state with vast natural resources and a diverse power supply. Communities in House District 60 went without power and water for days at a time. The entire City of Coleman lost power for two days and the City of Brownwood came dangerously close to losing power to the wastewater treatment facility. With the help of local leaders, state leaders (including the Governor’s office), and electricity providers, the City of Coleman was able to have their power restored and Brownwood’s water supply was spared. Our problems did not stop after the winter weather went away, however. Costly repairs need to be made and there are numerous communities and individuals who are fearful of their next utility bill.

Fallout from Texas energy crisis that left millions in the dark continues

Fallout from Texas energy crisis that left millions in the dark continues Martin Holverda/iStockBy JULIA JACOBO, ABC News (AUSTIN) Texas lawmakers are looking to hold power companies and the executives who oversee them accountable for Texas’ recent energy catastrophe, which had deadly consequences. Millions in the state were left without heat and potable water following back-to-back winter storms. Texas Attorney General Ken Paxton filed a lawsuit Tuesday against utility company Griddy Energy over enormous energy bills some customers incurred as a result of the storm. Bills were allegedly as high as $9,000. Griddy Energy charges $10 a month to allow residents to pay wholesale prices for electricity instead of a fixed rate. The wholesale prices spiked as temperatures dipped well below freezing as a result of the winter storms, leaving customers with exorbitant bills.

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