Let’s just hope prices don’t spike to summer 2011 levels. Now, with the cap raised to 9,000 it would be much worse this time around!
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2) You would pay for it now or pay for it later. After 2011, fixed price contracts skyrocketed as energy companies looked to recoup losses & feared another big price blowout.Another blowout never came, but consumers still paid the price and energy companies pocketed the diff.
At least with Griddy, you'll only pay for the price spikes when they happen, as opposed to paying for them with every kWh you use 24 hours a day, 7 days a week.
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Very true!
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