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Anyone from Texas here get overcharged?

Discussion in 'Texas' started by garth_angst, Feb 23, 2021.

  1. garth_angst

    garth_angst Member

    Joined:
    Mar 30, 2019
    Messages:
    328
    Location:
    long island
    I am in NY, but I keep reading about bills going up 1000% or more. Has anyone here from TX charged their car and got a thousand dollar bill or something? Just curious.
     
  2. jeremymc7

    jeremymc7 Active Member

    Joined:
    Feb 3, 2013
    Messages:
    1,212
    Location:
    U.S.
    Not personally. But know people.

    Turn off your auto bill pay and remove all bank info.

    Its been highly recommended right now.
     
    • Disagree x 1
  3. TexasEV

    TexasEV Well-Known Member

    Joined:
    Jun 5, 2013
    Messages:
    7,637
    Location:
    Austin, TX
    Only people who signed up for certain variable rate plans with retail providers such as Griddy, which is uncommon. They gambled that there wouldn’t be enough of a shortage to cause the wholesale price to spike and they lost that bet. Or more likely, they didn’t fully understand what they were signing up for. Most people pay fixed rates for power.
     
    • Like x 2
    • Informative x 1
  4. brkaus

    brkaus Well-Known Member

    Joined:
    Jul 8, 2014
    Messages:
    7,626
    Location:
    Austin, TX
    It’s the same people that bragged about picking an electric plan that allowed them to paid to use electricity during some overnight periods (when there was excess) that are getting fleeced right now.
     
    • Like x 1
  5. TwoK4drSi

    TwoK4drSi Active Member

    Joined:
    Apr 3, 2019
    Messages:
    1,019
    Location:
    DFW
    I kinda don’t get why people are complaining. You signed on the dotted line for variable based on market rate with some no name company. Shoulda just stuck to fixed rate. Kinda dumb to be honest.
     
    • Like x 4
  6. brkaus

    brkaus Well-Known Member

    Joined:
    Jul 8, 2014
    Messages:
    7,626
    Location:
    Austin, TX
    But it worked well up until now. So might as well bail them out.

    I’d like to see a reporter (do we have those anymore) look at a few long time griddy customers bills and figure out how they compare to a fixed rate plan before and after this incident.
     
  7. Mrcarcrazy

    Mrcarcrazy Many Leather bound books.

    Joined:
    May 22, 2019
    Messages:
    841
    Location:
    South Padre Island, Tx
    Shoot, you have to have power to get charged for it. Once I finish my current project at the house I have to buy a generator. (Cheaper and more reliable than solar/batteries).
     
  8. Shaggy

    Shaggy Member

    Joined:
    Aug 9, 2015
    Messages:
    423
    Location:
    Austin
    Nope. Fixed rate plans (like most municipalities) and not worth the risk of variable; especially since Austin Energy is nice enough to pay for my solar production.
     
  9. Feathermerchan

    Feathermerchan Active Member

    Joined:
    Sep 21, 2018
    Messages:
    1,080
    Location:
    Euless, Tx
    We should talk about how these customers will get bailed out. Who do you think should pay? The retail utility who they had a contract with? I do not see a legal basis if it was a valid contract. Besides it is these companies who have the large bill they have to pay. The state? That's like a big GoFundMe paid for by all those who pay state taxes.

    If the generators do not get paid for making power when it was really needed, they will have little incentive to make power during the next shortfall. That could get really ugly.
     

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