Link: “Griddy customers face $5,000 electric bills for 5 freezing days in Texas

Original post found at: https://www.dallasnews.com/business/2021/02/20/griddy-customers-face-5000-bills-for-5-freezing-days-in-texas/

Because of Texas’ deregulated electricity market, people are allowed to agree to pay wholesale prices for power, then find themselves owing thousands of dollars because wholesale prices climbed to $9,000 per kilowatt hour during the widespread power outage 🤯

a cartoony avatar of Jessica Smith is a socialist and a feminist who loves animals, books, gaming, and cooking; she’s also interested in linguistics, history, technology and society.