Texas announces $29 million in electricity bills to be forgiven after massive winter storm

by Joel Abbott · Mar 17th, 2021 12:27 pm
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Last Updated Mar 19th, 2021 at 11:44 pm

Texas Attorney General Ken Paxton said Tuesday that the state government is planning to forgive $29 million in electric bills caused by extremely high energy prices during February's historic winter storm.

Texas Gov. Greg Abbott made a similar announcement on Twitter.

The news comes after energy company Griddy filed for bankruptcy on the heels of being sued by Paxton's office.

"My office sued Griddy Energy, under the Texas Deceptive Trade Practices Act, to hold them accountable for their escalation of last month's winter storm disaster by debiting enormous amounts from customer accounts as Texans struggled to survive the storm," said Paxton.

Paxton indicated that around 24,000 customers would have their bills forgiven, and that customers who have already paid the high bills would be a part of further financial negotiations.

➡️ Read More: Texas electric bills spike to $9,000 per megawatt amid storm; one resident to pay over $17K


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