About That New Charge You May Soon See on Your Electric Bill…

Keeping the lights on in Texas already ain’t cheap. Now, you can expect another surcharge on your electric bill. Four years after a severe winter storm nearly led to the total collapse of the Texas grid, the state is now allowing transmission utilities to produce plans to “harden” their equipment against a hodgepodge of threats like tree limbs, stronger storms, wildfires, and even hackers and substation saboteurs. The Jasons go to the headquarters of the largest utility in Texas to get details on the first resilience plan to be filed with the state… a $3 billion blueprint. How will it keep your lights on? And how will it be paid for? Guest Brian Lloyd, VP of Regulatory Policy for Oncor