Texan files $1B class-action suit over $9K electric bill

A Texas resident filed suit against electricity retailer Griddy Energy for allegedly charging exorbitant prices during the severe winter storm last week.

The $1 billion class-action lawsuit filed by Lisa Khoury alleges she received a bill of more than $9,000 and that the utility company automatically withdrew $1,200 from her bank account. According to the lawsuit, some customers had bills as high as $17,000.

Griddy officials pointed to its electricity bill policy, through which customers' rates are impacted by how much electricity is used and the market price of electricity.

Read more from ABC News.