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TXU Energy Assures Residential Customers of Insulation from High Rates During Winter Storm

IRVING, Texas, Feb. 21, 2021 /PRNewswire/ --TXU Energy is assuring its residential customers that they are insulated from the extreme wholesale price swings seen in the Texas market earlier this week. As the No. 1 choice of Texans, the company structures its residential plans, whether fixed or variable, with insulation from the impacts of wholesale market volatility.
TXU Energy Assures Residential Customers of Insulation from High Rates During Winter Storm
"The headline-grabbing sky-high bills are related to wholesale plans offered by some providers a?? TXU Energy does not put its customers at risk by offering these plans," said Scott Hudson, president of TXU Energy. "We want to give our existing customers peace of mind, and we encourage anyone who suffered through wholesale volatility to contact us so we can help them secure a price-protected rate and stop worrying about extreme electricity bills."TXU Energy is assuring residential customers that they will not see any near-term impact on their rates due to this winter weather event. While some may experience higher than normal bills due to higher usage during this cold weather period in February, we expect our customers will be insulated from storm-related rate increases.
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