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NextEra found liable for price-gouging during Winter Storm Uri
Original: NextEra liable for price-gouging during Winter Storm Uri, Oklahoma judge rules
An Oklahoma judge has ruled that NextEra Energy is liable for price-gouging in connection with Winter Storm Uri, the February 2021 cold snap that crippled Texas and surrounding states and sent natural gas and electricity prices soaring. The ruling makes NextEra one of the largest energy companies to be held accountable for pricing during the storm, and it could open the door to penalties or restitution and similar claims against other suppliers.
Why now: The court ruling sets a precedent for accountability over energy prices during the 2021 winter crisis.
NextEra EnergyOklahomaWinter Storm Uri
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