Texas power consumers on variable-rate plans, many of whom might not even know they’d been switched from fixed-rate contracts, got caught last week in a supply-demand vise that might be costing them big long after most damage from last week’s big freeze is repaired.

Matt deGrood: 409-683-5230; matt.degrood@galvnews.com.


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(6) comments

Robert Braeking

We lucked out. Centerpoint had us cut off for 4 days. The hike in rates during a declared disaster could be construed as price gouging. I have filed my complaint with the Attorney General. Others should as well especially those of us who are over 65.

David Blumentritt

I have a fixed price contract with Discount Power. I set it up so it expires in December when rates are usually lowest, just can't forget, it takes a while before the new contract starts.

James Lippert

And a bigger home insurance bill for all of us for years to come.

Diane Turski

It is past time to end this "deregulation" debacle!

Carlos Ponce

Diane worships at the altar of "Big Brother".[whistling]

Gary Miller

Diane> You enjoyed lower prices for years after deregulation. If you bought a "cheap" varrible price contract you'll get a big bill that will use up most of what you saved from deregulation over these years.

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