I've been reading several articles recently describing exploding energy prices in parts of the country due to the cold wave that has recently hit the central US. In Texas the situation appears particularly dire with the electrical grid because so many people down there are using electrical heaters to warm their homes.

Experts are predicting that some people's electrical bills could be going over $1000 per month, or even in the thousands per month if things get out of control. Natural gas prices are also starting to go through the roof, especially in the central US where the cold wave has hit the hardest.

What are people going to do when they're surprised by $1000+ electric (and gas) bills next month? Why aren't the public utilities across the country sending out an alarm to their customers about this?

Here's a couple of articles from Zerohedge that provide some details:

"Power Bills To The Moon": Chaos, Shock As Electricity Prices Across US Explode

https://www.zerohedge.com/markets/power-bills-moon-chaos-shock-electricity-prices-across-us-explode

"Energy Emergency" - Texas Power Provider Warns Of Rotating Outages As Cold Weather Tests Limits Of Grid

https://www.zerohedge.com/energy/energy-emergency-texas-power-provider-warns-rotating-outages-cold-weather-tests-limits-grid