Paying for the mistakes of utilities in Oklahoma and Texas

Learn from the Mistakes of Others - Midlife Magazine


As much as Oklahomans and Texans don’t like to say they are alike, they are in one area—consumers in both states face 30 years of repaying billions of dollars to help utilities recover expenses from the 2021 Winter Storm.

The Dallas Morning News recently pointed out that Texas consumers will be paying until 2050 for the $6.3 billion in bonds to help utilities.

As the paper noted, “We pay for the mistakes of others.”

Join the crowd. Same situation in Oklahoma.

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