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Their page downplayed the risks of variable pricing and their process during the ordeal was unprofessional. It was a 100 year freeze, not a decade one. Never i

Their page downplayed the risks of variable pricing and their process during the ordeal was unprofessional. It was a 100 year freeze, not a decade one. Never in my life until then did we have longer than 2 days of snow/ice. Most of us don't insulate our pipes for that reasoning, though flexpiping is common to help against minor freezing. Same reason as to why a lot of people don't have A/Cs on the West Coast. Yeah the grid should have been winterized, but the pricing problem for customers was entirely on Griddy. I have a question, are you from Texas?

lesuorac 5y ago
> Their page downplayed the risks of variable pricing and their process during the ordeal was unprofessional. That's rather unspecific. As far as I've seen the risk of 9k/MW always comes up in articles about Griddy (even pre-2021) and even happened to customers prior to 2021. And before the storm they notified customers that they should "switch providers" due to expected high prices. The 2021 storm could be a 1/100 year but a non-trival winter storm hits Texas every 10 years. Letting pipes burst due to an extreme event can be a valid strategy but just be honest that the plan is that. https://www.nytimes.com/2011/02/05/us/05storm.html https://www.nytimes.com/2011/02/05/us/05storm.html