/ Lisa Chumley of Dallas received a bill of over $11,000 from Griddy for less of a week of electricity during the winter storm.
Time is running out on a slate of other bills lawmakers are considering that stem from February s deadly winter storm.
With just over two weeks remaining in the legislative session, the governor’s office is getting the first key bill that Texas House and Senate lawmakers have passed in response to February’s widespread power outages.
House Bill 16, which got final approval from the House on Wednesday, would not allow residential or small-business electricity customers in Texas to sign up for electricity plans where wholesale prices for power are passed to customers. Those plans include the kind that caused February power bills to skyrocket for several customers of Griddy Energy and other companies. Some customers reported bills over $15,000.
With just over two weeks remaining in the legislative session, the governor’s office is getting the first key bill that Texas House and Senate lawmakers have passed in response to February’s widespread power outages.
House Bill 16, which got final approval from the House on Wednesday, would not allow residential or small-business electricity customers in Texas to sign up for electricity plans where wholesale prices for power are passed to customers. Those plans include the kind that caused February power bills to skyrocket for several customers of Griddy Energy and other companies. Some customers reported bills over $15,000.
And while HB 16 is the first legislation of some significance to gain approval by both chambers, lawmakers are trying to approve many more power grid-related changes following the storm, in which more than 100 people died. Lawmakers have considered an $8 billion proposal by Warren Buffett’s Berkshire Hathaway Energy for backup power, and they have advance
Texas Legislature approves bill to ban residential wholesale electricity plans
By Mitchell Ferman
AUSTIN, Texas - With just over two weeks remaining in the legislative session, the governor’s office is getting the first key bill that Texas House and Senate lawmakers have passed in response to February’s widespread power outages.
House Bill 16, which got final approval from the House on Wednesday, would not allow residential or small-business electricity customers in Texas to sign up for electricity plans where wholesale prices for power are passed to customers. Those plans include the kind that caused February power bills to skyrocket for several customers of Griddy Energy and other companies. Some customers reported bills over $15,000.
Denton paid $210M for electricity during February winter storm. They had budgeted $83.3M for the year
“A true black start situation means … no electricity anywhere, anytime for anything,” said Beth Garza, ERCOT’s former independent monitor. “If I spend a little time thinking about it, it pretty quickly gets to kind of a Mad Max Thunderdome kind of outlook.”
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Garza, the former ERCOT independent monitor, told WFAA that the “uplift” mechanism was never designed to deal such a large volume of dollars. As a result, it’s insufficient to deal with the problem.
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