Kyle Kulinski
@seculartalk·2.1M subscribers·24.1K videos
Texans Face CATASTROPHIC $17k Energy Bills During Winter Storm
Posted
February 23, 2021
Views
62,589
Likes
4,202
Comments
1,228
Engagement
8.68%
February 23, 2021
62,589
4,202
1,228
8.68%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
6:28Now PlayingSupport The Show On Patreon!:
Subscribe to Krystal Kyle & Friends On Substack!:
According to the Dallas Morning News, some Texans have been hit with power bills totaling as much as $17,000 for only a few days of electricity, many times more than the usual cost of power in Texas.
Specifically, it’s Texas residents who rely on a wholesale power plan, rather than a fixed-rate plan, who have seen their bills climb after the demand for power jumped dramatically across the state this week as Winter Storm Uri struck and temperatures plunged. Texas, which has a deregulated electricity market, has a number of providers, both wholesale and fixed rate.
Fixed-rate customers pay an agreed-upon rate for their power, but wholesale buyers pay a variable rate; whatever the current price per kilowatt-hour of electricity is. Wholesale power plans, such as those offered by Texas energy company Griddy, can be attractive because during good weather, a customer on a variable plan will pay less than one on a fixed-rate plan, according to Public Utility Commission of Texas spokesperson Andrew Barlow.
Follow Kyle on Twitter:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
