- Texas homeowners have been charged thousands of dollars on electric bills as rates vary according to market
- Collapsed power grid led sent electricity prices for some users rocketing from $50 to $9,000 per Megawatt
- Comes as 14million Texas struggle to get clean water as residents are forced to scrape snow off walls to boil
- Meanwhile, Ted Cruz’s wife Heidi and their daughters hit the beach in Cancun following outcry over his trip
UK Daily Mail: Texans have seen electric bills surge as high as $17,000 after two powerful storms knocked out power and caused a 300-fold surge in demand – as 14million people struggle to get clean water in a ‘health catastrophe’.
Dallas News: Griddy customers face $5,000 electric bills for 5 freezing days in Texas https://t.co/z9GMz9NOHo— Jake Tapper (@jaketapper) February 20, 2021
While most Texans are on a fixed rate plan on which they pay the same monthly amount throughout the duration of their contract, some are on a variable or indexed plan which sees rates vary based on the market.
this is my electric bill for the past 5 days. we were without power for most of it. i think i’m ready to leave texas. pic.twitter.com/oUF5XQbDRI— all right i was just goofing it’s actually me john (@johnspriggz) February 19, 2021
For 100 years, electric prices were based on power company costs and “a reasonable profit.“ But in the 90s, a chuckling Chimp, Gov. Dubya Bush, dancing for his organ grinder Enron’s Ken Lay, created the “free“ market in electricity in Texas. https://t.co/11qbnmeH9Q— Greg Palast (@Greg_Palast) February 19, 2021
One of these customers, Ty Williams, told WFAA-TV that his combined electric bill last month for his home, guest house, and office was $660.
Here is the Texas GOP killing a bill that would have mandated winterization for our electric grid in Texas. https://t.co/5hZGr01aJF— Živilee 🛹 (@zivinilee) February 19, 2021
As of this month, he owes more than $17,000. ‘How in the world can anyone pay that?’ Williams asked.
Next part of the Texas Electric disaster? Insane bills. From a friend in the energy industry. pic.twitter.com/BwMOHYZkT4— Eric Heggie (@EricHeggie) February 16, 2021
Meanwhile, temperatures as low as -2F have burst many of the state’s water pipes, leaving residents forced to scrape snow off the walls to boil to make it safe for cooking and drinking.
Is Texas broken? https://t.co/ACDOeA68IW— Molly Jong-Fast🏡 (@MollyJongFast) February 20, 2021
As the Lone Star state remained in the grip of crisis and dozens died from hypothermia, Ted Cruz’s wife Heidi and their daughters hit the beach in Cancun after the senator was forced to fly back on Thursday following an outcry. Read more…