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After facing extreme backlash for charging customers thousands during the winter storm, Griddy Energy has announced it has filed for bankruptcy.

The company that drew attention after sending huge electricity bills to customers after...

Griddy Energy Files for Chapter 11 Protection Seeks Court Authority to Release Customers from Outstanding Bills News provided by Share this article Share this article HOUSTON, March 15, 2021 /PRNewswire/ -- Griddy Energy LLC ("Griddy" or the "Company") announced today that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the Southern District of Texas, together with a proposed plan of reorganization – a key feature of which is to give releases to former customers with unpaid electricity bills. Griddy sought court protection after financial devasta...

Texas electricity company Griddy declares bankruptcy as winter storm fallout continues By Khristopher J. Brooks Texas storm exposes issues with power grid Griddy Energy, the Texas electricity provider accused of charging customers thousands of dollars during Winter Storm Uri, said Monday it has filed for bankruptcy. Griddy was a "thriving business with more than 29,000 customers" before the winter storm struck, CEO Michael Fallquist said in a statement. The storm with record-low temperatures sparked a weeklong freeze and left millions of people without power across Texas,...

Texas power retailer Griddy Energy LLC filed for bankruptcy Monday, becoming the latest casualty of the powerful cold blast and sweeping blackouts that...