Texas energy disaster deepens as extra firms skip funds resulting from grid operator By Reuters


© Reuters. FILE PHOTO: Winter climate induced electrical energy blackouts in Houston

HOUSTON (Reuters) – Texas power firms did not pay one other $345 million for electrical energy and different companies incurred throughout final month’s chilly snap, the operator of the state’s grid stated on Monday.

In all, electrical energy suppliers have skipped out on $1.66 billion in energy and repair costs, the Electrical Reliability Council of Texas (ERCOT) stated. It didn’t disclose which firms did not pay the payments, however stated it’s going to start naming companies sooner or later.

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