Dallas-Fort Worth (WBAP/KLIF) – Some Texans who get their electric service on a variable rate plan are begining to see sky-rocketing bills as a result of record demand over the past week.
Our media partner WFAA spoke with Griddy customer Ty Williams who says bill nearly tripled from $600 last month to nearly $17,000 so far this month. Williams pays for service to his home, guest house and office.
He asked, incredulously, “How can anyone pay that?”
Griddy was among electric retailers who offer low rates based on daily wholesale prices, which recent days spiked from $50 per megawatt hour to over $9000.
Griddy in recent days had actually urged and tried to help all of its 29,000 customers switch service to avoid sky-rocketing costs.
Williams says that he tried several times and was finally picked up by Reliant Energy.
As to how his nearly $17,000 bill will be handled, remains to be seen.
Most consumers of electric power have fixed rates.
(Copyright 2021 WBAP/KLIF 24/7 News. This report contains material from the WFAA-TV)