Texas Won't Reduce $16 Billion In Electricity Charges From Winter Storm
The state public utility commission had faced requests to reverse billions of dollars' worth of charges. But doing so might end up causing unintended consequences, the PUC said.
In January, Dallas resident Shannon Marrs paid $257 for electricity. But after Texas suffered the worst winter storm in years, Marrs' February electric bill totaled more than $10,000.
That's because for a period of 32 hours during the deepest freeze of February's winter storm, power companies were paying for the electricity — about 75 times higher
