Texas Governor Wants to Mandate, Fund Power-Plant Winterization
(Bloomberg) -- Texas Governor Greg Abbott plans to make power-plant winterization mandatory and pledged to make state funding available to help pay for the work.
In a five-minute televised address on Wednesday, the Republican faulted the state’s grid manager for being ill-prepared for the historic winter storm that paralyzed the second-largest U.S. state for the better part of a week.
Abbott also said residents cannot have their power shut off for failure to pay bills that skyrocketed for some during the weather-driven surge in electricity prices.
“Power generation from all sources buckled under the freezing weather,” Abbott said. “Each failed to fully produce because of inadequate safeguards.”
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