Not really. This is same problem with energy production as with our homes in the south. The electric power generations can be built for this cold, regardless if wind turbine, nat gas or coal. Same with the gas wells and gas plants. It just takes more cost. All this stuff still works in Canada below our Texas freezing temperatures. But it cost more to build.
Just like with our homes and plumbing, we usually won't justify the cost for something that rarely happens. And for Texas, it very rarely happens to the whole state at the same time.
I think everyone in New York should be required to purchase earthquake insurance to reduce the cost of premiums I pay to protect my house here in Los Angeles...
...or, better, how about if states tax their residents to fund a recovery pool for whatever disasters their state happens to be most worried about.
In CA it would be quakes, brush fires and urban rioting.
For FL it would be hurry canes and lightning.
For OK it would be tornados.
For NY it would be cold weather and the occasional flood.
Etc.
I see no reason why I in CA or someone in NY should finance Loser Anna's occasional and expected bout of Katrina-itis. Or why people in Loser Anna should finance the CA's recovery from the next earthquake.