Aug. 31 — Griddy Energy sold power to consumers at wholesale prices plus a $9.99 monthly fee. Its rates skyrocketed during the February freeze when the state grid operators raised wholesale prices to $9,000 per megawatt-hour, saddling some customers with thousands of dollars in bills.
CBS News: Griddy Energy settles with Texas, releasing customers from $9,000 power bills during freeze
Sep 3, 2021 | News Roundup