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Texas plans billions in financing to pay for winter storm costs


Workers repair a power line in Austin on Feb. 18, 2021, during the winter storm that left many Texans without power. State lawmakers are close to approving billions of dollars in financing to offset the storm’s costs to companies.
Credit:
Sergio Flores for The Texas Tribune
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Justin Aguilar’s bingo halls in Corpus Christi lost a week of business and thousands of dollars during February’s deadly winter storm. That was devastating enough.
But that loss of income is dwarfed by what the business now owes because of the Texas power crisis: There’s a $120,000 electricity bill waiting to be paid. ....

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