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Griddy is basically a variable price for power? I checked their website, but it wasn't completely clear on that point (maybe because I don't understand Texas el
by MattGaiser 6y ago
Griddy is basically a variable price for power? I checked their website, but it wasn't completely clear on that point (maybe because I don't understand Texas electrical billing).
- rstupek 6y agoYes you pay a monthly fee and get the grid price. Typically this is a great deal but when these surges happen it isn't
- maxerickson 6y agoYeah, they pass through the wholesale prices. Most providers do some work to offer fixed retail prices (gaining when wholesale is cheap, losing when it's expensive). Most markets in the US have some sort of system for matching supply and demand, often a wholesale market. https://www.epa.gov/greenpower/us-electricity-grid-markets https://www.epa.gov/greenpower/us-electricity-grid-markets has a picture of the various wholesale markets.