(Last updated: March 4, 10:00 a.m.)
Winter storms and extremely cold temperatures left more than 4 million Texas households without power on Monday night. The winter weather hit the Lone Star State the morning of February 15 and has caused temperatures to drop well below freezing levels throughout the region.
The Electric Reliability Council of Texas (ERCOT) initiated emergency proceedings on Monday and entered its highest emergency operations level the same day. As the winter weather hit and temperatures dropped, energy demand surpassed the supply levels.
As the winter weather continues, several energy providers have restricted enrollments for new customers and limited consumers’ ability to switch to new electric companies.
Here’s how providers are reacting to the storms.
Just Energy Group Inc. announced it would not raise energy rates for its customers under variable-rate plans. In a statement, Just Energy said, “If you have a residential fixed-rate plan, you can rest assured that your energy rate is locked in for the duration of your contracted term. Variable-rate (month-to-month) residential customers will also not see a rate increase on their February bill. However, your total energy cost for the month of February may be impacted by higher usage due to the Weather Event.”
Check out our Winter Storm Survival Guide.