This electric power company Brazos Electric has been declared bankrupt by the mortgage lender in Texas, United States of America. Yes, it recovers to its resource because it has 10 million dollars worth of dollars and assets worth millions of dollars.
Electric company is going bankrupt with universal power plants
The company that proposes electricity to 16 distributive cooperatives, as well as more than 1.5 million residents, Sufrió suffers from the impact of the February global storms, the dewals caused as many as 4.3 million businesses and homes without electricity during various days in Texas..
For this reason, the bank recovery company to initiate a financial restructuring: “Before the harsh climate, Brazos Electric was a financially robust company”, signaled by a communicator, según EFE.
Photo: Getty Images.
And it is in this climatic emergence, Brazos Electric tuvo that consults replacement workers with higher rates and will pay the prices of other companies. One example of this is that Electric Reliability Coucil of Texas (ERCOT), the state-owned electric power plant, reported that it had around $ 100 million in initial bills not paid by the company..
Acusan to ERCOT invoices demasiado altas
Before the ERCOT declarations, Brazos Electric declared the following: “As a result of catastrophic failures during the towers, ERCOT presents the Brazos bills excessively high on collateral costs, requiring payment in days”.
Hecho, last week, Denton Municipality, north of Texas, eis – a this company has a state tribunal to prevent the cargo from being charged for other red users.
Photo: Getty Images
It is precisely by ERCOT that other companies like Brazos Electric are suffering from a financial crisis, then you can lower the rates by several thousand dollars per megavatio / hour during more hours, four huge cargo charges for its services.
Finally, Clifton Karney, Vice President of the Electric Company explained why it was declared bankrupt: “This action is necessary to protect the cooperatives and more than 1.5 million minority members against inexhaustible electricity bills”.
* With information from EFE