$17,000 Electric Bill? A Deregulated Power Grid Leads To Wild Prices For Texans

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Texas lawmakers will meet Thursday to discuss the state's independent power grid.

how much power it would need to deal with the cold conditions, causing the grid"to rely on fast-responding, expensive replacement generation," Griddy says, and ultimately leaving millions without electricity for days.

Monday."Because energy prices should reflect scarcity of the supply, the market price for the energy needed to serve load being shed in the face of scarcity should also be at its highest."Friday, noting that her bill was already 8 times the normal monthly charge with 25 days still left in the billing cycle."I sat in the dark and barely used my heat. We need to demand relief for these bills. This is so criminal and evil.

 

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17,000 for electric? Is this a joke? For what?

I wonder what SenTedCruz has to say about these prices, democrats and regulations right now? 🤔 TexasDeservesBetter

That’s a huge Electricity Bill!!!!

Bet y'all wish you had socialism now.

This is a really good spin on something that could happen anywhere... Tell everyone what bills were for the people who had a fixed rate plan... How's the prices and rolling blackouts in California?

Remembering that is isn't a bug, but a feature of the systems design. And wait until they start arresting people for not paying their electricity bills.

I need to see a copy. Probably a great read.

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