OMGosh, bet you are dreading getting your bill.
How can this be legal, it’s price gouging isn’t it?
What is a variable or indexed plan?
We have choices here on variable or fixed. Since I’m in an apartment I hope we’re on a fixed plan.
it’s not price gouging if you’re on a variable plan.
The staggering imbalance between Texas’ energy supply and demand also caused prices to skyrocket from roughly $20 per megawatt hour to $9,000 per megawatt hour in the state’s freewheeling wholesale power market.
That raised questions whether some power generators who buy in the wholesale market may have had a profit motive to avoid buying more natural gas and simply shut down instead.
https://www.mynbc5.com/article/why-the-power-grid-failed-in-texas-and-beyond/35542167