Rolling Blackouts in Texas Offer Lessons for Energy Providers

Nation’s leading independent energy provider advises careful research before choosing a utility supplierStamford, CT – February 3, 2011 – Frozen pipes at two coal-fired electricity plants triggered a crisis in Texas yesterday resulting in rolling blackouts across the state and causing electricity prices to skyrocket 800% from $330.64 to $3000 per megawatt in Houston.  The aftermath of the pipe burst left residents in temporary darkness and some smaller energy companies pondering financial ruin. Many small energy providers do not have enough supply on hand to meet their customer’s demands