Thousands of dollars
The electricity market in the state in the southern United States is heavily deregulated and certain providers are tied to the fluctuating wholesale price. When the electricity failed in many places as a result of the extreme weather and demand exceeded supply, this led to an “astronomical” increase in costs for affected customers, the newspaper wrote. Other Texas residents posted their billions, often thousands of dollars, on social media.
Government promises help
The state government promises that you shouldn’t be left with Abbott alone on the costs. One looks for solutions. Until then, no electricity will be turned off if the bill is not paid. In addition, providers should initially not issue any further invoices.
Texas was hardest hit by the US winter storm in the past few days. More than four million households were temporarily without electricity after snowfall and freezing temperatures. According to the authorities, households were still cut off from supplies on Sunday.