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Texans Slammed by Thousand-Dollar Power Bills After Storm Bloomberg 2/22/2021 Yueqi Yang and Naureen S. Malik © Bloomberg A truck drives down the street during a power outage in McKinney, Texas, U.S., on Tuesday, Feb. 16, 2021. (Bloomberg) -- After enduring a wretched week of Arctic storms, hunger and cold, several Texans lucky enough to have power were handed another pain point -- massive electricity bills. Houston resident David Astrein, 36, a human resources director at a manufacturing company, said he’s been charged $2,738.66 for 20 days this month versus $129.85 fo...

Houston man hit with $2,700 power bill after snowstorm Yueqi Yang and Naureen S. Malik, Bloomberg Feb. 22, 2021 FacebookTwitterEmail HOUSTON, TEXAS - FEBRUARY 21: The U.S. and Texas flags fly in front of high voltage transmission towers on February 21, 2021 in Houston, Texas.Justin Sullivan/Getty Images (Bloomberg) -- After enduring a wretched week of Arctic storms, hunger and cold, several Texans lucky enough to have power were handed another pain point -- massive electricity bills. Houston resident David Astrein, 36, a human resources director at a manufacturing company, said he’s been c...

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After weathering power and water outages and broken pipes, many Central Texans are now facing their next fear: What will their electricity bill look like after all of this? As some Texans report sky-high bills, customers of the area's three largest electricity providers — Austin Energy, Bluebonnet Electric Cooperative and the Pedernales Electric Cooperative — should see no such spike, officials said. The utilities do not engage in the kind of variable rate pricing that allowed some energy retailers to jack up rates as demand soared and the wholesale energy market went haywire. In a sta...

After a week of Arctic storms, hunger and cold, some Texans lucky enough to have power...