Homeowners hit with massive electric bills amid Texas winter storm

Texas says energy companies are on a power trip.

According to Friday’s news, electricity bills in the Lone Star State have increased by $ 17,000 a month.

Dallas-area resident Ty Williams suffered a setback when his monthly bill rose from $ 600 the previous month to nearly $ 17,000, which is so far this month. According to the local station WFAA.

“How can anyone in the world pay? I mean you go from a few hundred dollars a month … there’s absolutely no way “there’s no point,” Williams, who said he received the bill from energy firm Griddy.

The price of electricity in Texas increased from $ 50 to $ 9,000 per MW in some cases due to the supply and demand disaster, according to the station.

Customers with so-called “convertible or indexed” power plans in Texas – the only state to operate their own unique stand-alone electricity grid – are partially controlled by market demand.

Oncor Electric delivery lineman Brendan Walden, left, Austin Strickland, center, and Payton Merket, right, share a conversation as they wait for a new work order after repairing a utility pole damaged by snow and ice.
Due to the demand for electricity in Texas, there were some cases where the price per MW rose to $ 9000.
Odessa American via Eli Hartman / AP)

This led to a rise in prices, as the Texas that did not lose power, brutally cranked up in the heat amid colder temperatures this week. Expert told NBC.

Matt Schulze, a leading industry analyst, said “the last thing a lot of people need right now is a high electricity bill – and unfortunately some people will be stuck with it”.

Royce Pearce, who lives in the Dallas suburb of Willow Park, said the electricity bill for his three-bedroom home increased by $ 10,000 in the last few days.

“We are hoping that there will be relief,” Royce said. “It is something that we can skate and deal with over time but how many people cannot? Lots. “

Veronica Garcia, a trusted energy customer in Mansfield, Texas, said the electricity bill for her one-bedroom apartment nearly doubled to $ 114 for her one-bedroom apartment.

“Hopefully, if they are decent, they won’t charge people for it, because we had no control over the situation,” said Garcia, an administrative associate at UT Southwestern Medical Center. “Hopefully I can beat the charges and they will do the right thing.”

A reliable energy spokesperson told NBC that it is offering flexible bill payment options to support customers affected by the storm.

Griddy did not immediately respond to a request for comment.

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