Texas has a stand-alone power grid that's deregulated. They're not incentivized to invest in the infrastructure to make those improvements." "On these tail events, they're really ill equipped. "They have the infrastructure in place that meets the needs 99.9% of the time," said Rebecca Babin, senior equity trader at CIBC Private Wealth. The state is used to extreme heat and drought, but its infrastructure simply is not equipped to operate in extreme cold. Of course, power equipment operates in places that are much colder than Texas, so one step that can be taken would be to winterize equipment. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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