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Texas Cities Fret as Power Bills Mount in Wake of Blackouts

Texas Cities Fret as Power Bills Mount in Wake of Blackouts
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.

San-antonio , Texas , United-states , Dallas , Kerrville , Denton , Chihuahuan-desert , Thomas-ryan-allison-bloomberg , Chester-nolen , Brenda-gunter , Bloomberg , Fund-power

Texans will pay for decades as crisis tacks billions onto bills

Texans will pay for decades as crisis tacks billions onto bills
Mark Chediak, Naureen S. Malik and Josh Saul, Bloomberg News
Texas winter storm causes energy market rally
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Now that the lights are back on in Texas, the state has to figure out whoâs going to pay for the energy crisis that plunged millions into darkness last week. It will likely be ordinary Texans.
The price tag so far: US$50.6 billion, the cost of electricity sold from early Monday, when the blackouts began, to Friday morning, according to BloombergNEF estimates. That compares with US$4.2 billion for the prior week. ....

California , United-states , University-of-houston , Texas , Rice-university , San-antonio , France , Texans , French , Californians , Aaron-arguello , Julie-cohn

Texans will pay for decades as crisis tacks billions onto electricity bills

Now that the lights are back on in Texas, the state has to figure out who’s going to pay for the energy crisis that plunged millions into darkness last week. It will likely be ordinary Texans.
The price tag so far: $50.6 billion, the cost of electricity sold from early Monday, when the blackouts began, to Friday morning, according to BloombergNEF estimates. That compares with $4.2 billion for the prior week.
Some of those costs have already fallen onto consumers as electricity customers exposed to wholesale prices wracked up power bills as high as $8,000 last week. Other customers won’t know what they’re in for until they receive their gas and power bills at the end of the month. Ultimately, the financial pain will probably be shared by ratepayers and taxpayers alike, said Michael Webber, a professor at the University of Texas at Austin and chief science officer for French power company Engie SA. ....

California , United-states , University-of-houston , Texas , Rice-university , San-antonio , France , Texans , French , Californians , Aaron-arguello , Julie-cohn

Texans will pay for decades as crisis tacks billions onto bills

Texans will pay for decades as crisis tacks billions onto bills
mysanantonio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysanantonio.com Daily Mail and Mail on Sunday newspapers.

California , United-states , University-of-houston , Texas , Rice-university , San-antonio , France , Texans , French , Californians , Aaron-arguello , Julie-cohn

Business News: Dec. 19

Mountain Vista
The Governing Board of Mountain Vista Governor s School has announced Kelly A. Huff has been named regional director. Huff succeeds Roseanne Williamson, who will retire as director on Jan. 1.
Mountain Vista is a governor s school for math, science and technology that serves over 200 gifted and talented high school students from the school divisions of Clark, Culpeper, Frederick, Fauquier, Winchester City, Rappahannock and Warren.
As regional director, Huff will serve as the principal and primary administrator and will oversee day-to-day operations, curriculum development, and faculty and staff relations.
A 19-year veteran of the public education system, Huff taught English for 13 years and served as assistant principal for four years, all at Alleghany High School in Covington. She was promoted to director of secondary instruction for Alleghany County Public Schools and served in this role for two years. ....

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