“My savings is gone,” said Scott Willoughby, a 63-year-old Army veteran who lives on Social Security payments in a Dallas suburb. For customers whose electricity prices are not fixed and are instead tied to the fluctuating wholesale price, the spikes have been astronomical. Greg Abbott, a Republican, to hold an emergency meeting with legislators Saturday to discuss the enormous bills. Natural gas producers were not prepared for the freeze either, and many people’s homes were cut off from heat. “I finally decided the other day, if we were going to pay these high prices, we weren’t going to freeze,” she said.

Source: Ethiopian News February 19, 2021 21:32 UTC