Link: “Griddy customers face $5,000 electric 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 🤯
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.