Posts filtered by tags: Energy In Texas[x]


 

Texas Attorney General Sues Griddy for False Advertising in Wake of Winter Storm Price Hikes

Griddy, the Texas power supplier that’s made headlines recently for customers’ sky-high energy bills in the wake of widespread winter storm outages, has racked up another lawsuit. Texas Attorney General Ken Paxton is suing the company for “false, misleading, and deceptive advertising and marketing practices” that he…Read more...
Tags: Texas, Science, Articles, Ken Paxton, Electric Reliability Council of Texas, False Advertising, Dynamic Pricing, Business Finance, Griddy, States Of The United States, Texas Power, Energy In Texas, Electricity Market, Texas Power Crisis, Sues Griddy


Griddy Is Being Sued for $1 Billion for Allegedly Price Gouging During Texas Winter Storm

A Texas woman filed a class-action lawsuit this week to the tune of $1 billion in damages against Griddy, a Texas electricity retailer that the suit alleges engaged in illegal price gouging during the widespread outages that swept through the state last week. Read more...
Tags: Energy, Texas, Science, Articles, Pricing, Price Gouging, Electric Reliability Council of Texas, Business Finance, Griddy, Electric Power, Electrical Grid, Electric Power Distribution, Energy In Texas, Electricity Retailing, Lisa Khoury, Electricity Pricing


The Free Market Approach to Energy Has Costs Texans $28 Billion Since 2004

Texas has a utility market unlike any other in the U.S., and in the wake of last week’s grid failure there that left millions of people in the dark, it’s come under scrutiny. Ninety percent of Texas’ electricity is generated on its own grid, and that grid is very lightly regulated. Read more...
Tags: Energy, Texas, Science, Environment, Articles, Electric Reliability Council of Texas, Business Finance, Electric Power, Electrical Grid, Electric Power Distribution, Energy In Texas, Electricity Market, Deregulation Of The Texas Electricity Market, Electric Power Industry


Texans Could Be Paying Off Their Obscene Energy Bills for Decades

The costs of the Texas blackouts is still mounting, but it’s becoming increasingly clear that Texans could be saddled with energy bills they’ll be paying for decades absent government intervention.Read more...
Tags: Energy, Texas, Science, Articles, Net Metering, Electric Reliability Council of Texas, Business Finance, Electric Power, Electrical Grid, Electric Power Distribution, Energy In Texas, Electricity Market, Deregulation Of The Texas Electricity Market


Texas Officials Temporarily Halt Private Energy Companies From Sending Customers Absurd Bills

Folks across Texas are receiving outrageous energy bills in the wake of widespread utility shutoffs during last week’s cold snap. Thankfully, state officials issued some stopgap measures on Sunday to protect them from those ridiculous financial burdens.Read more...
Tags: Texas, Science, Articles, Public Utility Commission Of Texas, Griddy, Energy In Texas, Electricity Market