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Experts fear reversing electricity prices from winter storm could make things worse

Experts fear reversing electricity prices from winter storm could make things worse
theparisnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theparisnews.com Daily Mail and Mail on Sunday newspapers.

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Texas AG says more than $29 million in unpaid electric bills will be forgiven as he sues Griddy Energy

Texas AG says more than $29 million in unpaid electric bills will be forgiven as he sues Griddy Energy
The Texas attorney general says a lawsuit he filed against the energy company Griddy will keep about 24,000 Texans from having to pay $29.1 million in unpaid bills related to last month’s winter storms.
“My office sued Griddy Energy, under the Texas Deceptive Trade Practices Act, to hold them accountable for their escalation of last month’s winter storm disaster by debiting enormous amounts from customer accounts as Texans struggled to survive the storm,” AG Ken Paxton said Tuesday in a statement.
The company on Monday filed for Chapter 11 bankruptcy protection, noting more than $29 million owed to the Electric Reliability Council of Texas (ERCOT), which operates the state’s electric grid. That form of bankruptcy allows a company to restructure its debts and reorganize to pay creditors back over time. ....

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Griddy: Texas AG says more than $29 million in unpaid electric bills will be forgiven as he sues Griddy Energy

Griddy: Texas AG says more than $29 million in unpaid electric bills will be forgiven as he sues Griddy Energy
CNN
4 days ago
By Keith Allen, CNN
© TNS/Austin American-Statesman/Sipa USA
Texas Attorney General Ken Paxton. (Photo by Nick Wagner/Austin American-Statesman/TNS/Sipa USA)
The Texas attorney general says a lawsuit he filed against the energy company Griddy will keep about 24,000 Texans from having to pay $29.1 million in unpaid bills related to last month s winter storms.
My office sued Griddy Energy, under the Texas Deceptive Trade Practices Act, to hold them accountable for their escalation of last month s winter storm disaster by debiting enormous amounts from customer accounts as Texans struggled to survive the storm, AG Ken Paxton said Tuesday in a statement. ....

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More Polar Vortex 2021 Fallout: 2nd PUCT Commr. Resigns, Lt. Gov. Calls On PUCT Or ERCOT To

On March 8, 2021, Commissioner Shelly Botkin resigned immediately from the Public Utility Commission of Texas (PUCT), leaving the PUCT with only one sitting commissioner. ....

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More Polar Vortex 2021 Fallout: 2nd PUCT Commr. Resigns, Lt. Gov. Calls on PUCT or ERCOT to "Fix" $16B "Error" | Mayer Brown - Energy Forward

On March 8, 2021, Commissioner Shelly Botkin resigned immediately from the Public Utility Commission of Texas (PUCT), leaving the PUCT with only one sitting commissioner. Somewhat. ....

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