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

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

“My firm sued Griddy Energy, under the Texas Deceptive Trade Practices Act, to hold them responsible for their escalation from last month’s winter storm disaster, charging huge amounts of customer bills while jeans they were struggling to survive the storm, “Paxton said in a statement.

“I have made sure that the bankruptcy plan proposed by Griddy takes an important step forward by offering releases to approximately 24,000 former customers who owe $ 29.1 million in unpaid electricity bills. Griddy and my office are involved in negotiations for good faith in progress to try to fix 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 for 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 help jeans that have already paid off. “

Paxton had filed a lawsuit against Griddy under the Texas Misleading Business Practices Act after some Texans received abnormally high electric bills during last month’s severe winter weather, even when power dried up in large areas of the U.S. state.

Dozens of people in Texas and surrounding states died during last month’s freezing conditions and millions were left without electricity for days. Officials have said the frozen machinery of the natural gas plants fed the cuts.

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

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