Texas officials say $ 29 million in electricity bills should be forgiven

Texas officials say $ 29 million in electricity bills should be forgiven

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Texas Attorney General Ken Paxton (R) said on Tuesday that $ 29 million in electricity bills will be forgiven after electricity supplier Griddy filed for bankruptcy on Monday.

“My office sued Griddy Energy, according to the Texas Deceptive Trade Practices Act, to hold them accountable for the escalation of last month’s winter storm disaster, debiting huge amounts of customer accounts as Texans struggled to survive the storm” , Paxton said in a statement.

“I have ensured that the bankruptcy plan proposed by Griddy takes an important step in offering releases to approximately 24,000 former customers who owe $ 29.1 million in unpaid electricity bills. Griddy and my office are involved in ongoing good faith negotiations to try to deal with additional relief for Griddy customers who have already paid their storm-related energy bills. ”

Paxton specified that, through its bankruptcy plan, Griddy “will release all outstanding payment obligations to Texas consumers who were unable to pay their energy bills due to the high prices charged during the storm” and that “Texas and Griddy will work in good faith to address relief for Texans who have already paid. “

Paxton filed a lawsuit against Griddy under the Texas Deceptive Trade Practices Act after some Texans were hit by unusually high electricity bills during last month’s severe winter, even with power outages in large areas of the state.

Dozens of people in Texas and neighboring states died during freezing conditions last month, and millions were left without power for days. Officials said the machines frozen in natural gas plants fueled the outages.

Texas Governor Greg Abbott (R) welcomed the news and said he “will continue to work with the legislature to resolve the remaining claims”.

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