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#1 2021-03-01 13:03:23

Tallex
Administrator

Texas Electricity Firm Files For Bankruptcy Citing $1.8 Billion Grid O

Texas Electricity Firm Files For Bankruptcy Citing $1.8 Billion Grid Operator Bill
Brazos Electric Power Cooperative Inc. is one of dozens of electricity providers facing blackout-related charges stemming from last month’s severe cold snap.


https://www.huffpost.com/entry/brazos-e … 75ac3e0f29


Unusually frigid temperatures knocked out nearly half of the state’s power plants in mid-February, leaving 4.3 million people without heat or light for days and bursting water pipes that damaged homes and businesses. Brazos and others that committed to provide power to the grid and could not, were required to buy replacement power at high rates and cover other firms’ unpaid fees.

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