Re: Texans Need to Sue Their Politicans for $12,000 Electric Bills
Posted by:
Cheap customers should pay
()
Date: February 22, 2021 02:13PM
the retarded Texas electric grid Wrote:
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> I agree help is needed. No one should be stuck
> with charges that ludicrous from a public utility.
> But it should not be a bailout with taxpayers
> footing the bill. Those companies should be
> forced to dig into their own pockets to bail these
> people out.
They are not "public utilities". They are energy resellers. They buy electricity from producers at spot prices and then sell it to consumers on a cost plus basis. These customers were willing to play the game when spot energy prices were low. Now they have to pay for it.