Texas electric customers could see higher bills in 2019

The Choose Energy Team
By The Choose Energy Team September 25th, 2018
For business

One of Texas’ largest power providers says it needs additional funding to help recover from Hurricane Harvey, KRISTV reported.

AEP Texas representatives said it costs them $415 million to repair damage to the electrical grid after the monster storm, which devastated the Houston area last year.

“This was the most extensive storm that we’d encountered since Hurricane Celia back in 1970,” said Larry Jones from AEP Texas.

As a result, the utility is asking the Texas Public Utilities Commission to approve a two-step plan that would temporarily increase customer electric bills.

Jones said the charges would show up as additional fees on monthly bills.  They could go into effect as early as next year.

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