Griddy News

Texas Power Company Seeks Bankruptcy Protection; Others Likely to Follow

The largest and oldest power cooperative in Texas is filing for bankruptcy protection, citing February’s winter storm that left millions without power, and it is unlikely to be the last utility to seek shelter in the courts. Brazos Electric Power …

$1B Class-Action Suit Filed Against Texas Wholesale Electricity Provider, Griddy

A Chambers County, Texas, resident has filed a class-action lawsuit against electricity retailer Griddy, accusing the provider of price gouging customers during last week’s freeze. She is seeking $1 billion in relief for affected customers. Attorneys for Lisa Khoury said …