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GVEC General Manager Darren Schauer addresses the Seguin City Council. (Seguin) It’s been weeks since winter storms dropped snow and ice on Texas. The unusual winter weather crippled the state’s electric grid, shutdown water supplies in many areas, and it claimed the lives of 111 Texans. It’s something that’s still likely fresh on the minds of people in Texas, and it’s one of the reasons why there’s still talk about what happened and how we will be better prepared if something like this happens again. The Guadalupe Valley Electric Cooperative, or GVEC, is the latest to try to help explain what happened during that mid-February event. GVEC General Manager Darren Schauer made a presentation about what he knows during Tuesday night’s meeting of the Seguin City Council. Schauer says no reasonable person would ever had expected a winter storm like this to hit Texas. He says there have been past cold snaps that lasted for a day or two, but these storms produced s ....
GVEC board discusses electric bills; Customers will not experience higher bills at this time seguintoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seguintoday.com Daily Mail and Mail on Sunday newspapers.
 New Braunfels Utilities said Monday it was confident it could maintain competitive rates following last weekâs winter storm event that resulted in rotating power outages throughout the state, but the exact impact on electric rates and customer wallets remains unclear. Although there have been reports of retail electric bills in the thousands of dollars in some parts of Texas, NBU said this would not happen in New Braunfels. According to Melissa C. Krause, NBUâs chief operations and strategy officer said the utility operates a power supply program designed to reduce volatility and maintain a competitive price. âGoing into this event, NBUâs electric bill was among the very lowest in the region,â Krause said. âNew Braunfels Utilities passes on the cost of energy purchased in the ERCOT market to NBUâs customers with no markup. New Braunfels Utilitiesâ hedging program and reserves policy greatly insulated our customers from last w ....