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Residents with variable-rate power plans are being hit the hardest. Such plans charge different prices for electricity depending on how much demand there is. The more demand, the higher the price.

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The GREAT people of Texas should forward their ERCOT bills to GovAbbott tedcruz JohnCornyn KenPaxtonTX of Texas. If they can use 'The American People's Money' for vacations they can pay for Texans electricity, water and heat. CorruptGOP

Such plans should always have a cap.

It's so difficult to build power facilities that are protected from weather. In fact, this is a first world problem. Meaning, first world countries have figured it out. But hey, at least y'all don't have socialism....that's way worse than having a garbage dump of a country.

Comforting to know there are a few worse states I could live in.

lies are about keeping control.. exposeHATE4PROFIT time to DefundFASCISTS BANKRUPTtheTRUMPS and ALL who supported them. Accountability is key in 2021!!

Maybe the customers should send the repair bills from water damage/mold remediation to their utility companies. Seems like a fair trade.

Yay capitalism and unregulated utilities! 🙁Seems like the system is working as designed 🤷🏻‍♀️ Tho I def feel for the folks with crazy high energy bills - hope they can get it all sorted

Why do you not get charged for how much electricity you actually use? This makes no sense.

Shameful.

Answer: don't get a variable rate electric plan. Then you never have the huge bill problem 🤷🏻‍♀️

iT wAs By DeSiGn

They chose that method. So they don't get to cry when it doesn't work in their favor.

The grid failed. What are people paying for? Total horse shit.

Didn't people learn from adjustable-rate mortgages?

didn't ya'll want privatized utility? lol ask and thou shall receive (see: Uber Surge Pricing ;) )

This article is extremely misleading.

If this is what “Public Utilities” looks like, it should be ended immediately. This should be illegal. Full stop.

Some would call this profiteering in a disaster.

there seems to be something wrong here

Didn’t the majority of people living there vote people in power who allow this? I am growing weary of people who choose to vote against their own best interest although I am sorry they have to go through it. Hope they learn something

The system failed. Recalculate at the incremental cost of power production.

There is no justification for these bills ppl are getting regardless of rate power plans. ERCOT killed people & destroyed peoples' homes bec. of mismanagement and greed. No Texan should be paying an electricity bill this month.

Geez, seems like there should be some sort of oversight or regulation so that kind of thing doesn't happen. Let me think how could we do that, hmm tough one.

Perhaps SecretaryPerry also believes Texans are willing to declare bankruptcy to avoid regulations. 🙄 TexasFreeze TexasGOP

It’s OK, Ted Cruz will investigate the corruption in the Texas’s Energy Commission! NOT, HE’S IN THEIR PANTS! TED CRUZ chose to flee TEXAS to Mexico to avoid dealing with his constituents complaining about freezing, no power, no water! While all other Texans had to fight through!

This is impacting folks that signed up for wholesale purchasing via Griddy et al. They did, ostensibly, know what they were signing up for. I think the bigger scandal is that a direct to consumer model like this was even permitted because of exactly this possibility.

The GOP keeps showing us how awful their ideas are.

Yikes!

Conservatives have been indoctrinated by Republicans’ rhetoric to mindlessly reject regulation -done for no other reason than to protect their donors’ profit margins- even when they’re personally put at risk. They’ll continue to support deregulation.

After what happened in Texas we need a new power grid we Texans have to move on from fossil fuel we should use solar energy I heard a city is powered by one and it’s weather proof

I think I can safely predict that this will be the end of variable rate power

In other words, a scheme in which the utility pays a lower futures price, but charges consumers the spot price.

Only a really not to bright person would allow or choose such a plan.

This is such BS because demand is about the same, the problem was the supply, since the power plans froze.

Isn't it illegal to price gouge during a disaster?

Can you imagine your bill if you had to charge an electric car? Glad I went hybrid rather than full electric.

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