When Texas’ wholesale power prices spiked unexpectedly in 2008 due to problems with power line congestion, a handful of small electric retailers went out of business, leaving tens of thousands of customers on higher-priced plans with back-up providers.

When power prices spiked again this February due to a lengthy cold snap shutting down power plants, one firm went out of business, but it happened in a much less disruptive way for the customers.

Read the full article at Fuel Fix.