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Bookmarked “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 🤯

photo of Jessica Smith is a left-wing feminist who loves animals, books, gaming, and cooking; she’s also very interested in linguistics, history, technology and society.