Weekly Recap: 5/26-6/1 What a wild week we had last week! We had five price spikes (including the mother of all price spikes on Thursday), and Griddy members STILL finished the week averaging 8.3₵/kWh vs. the Texas average of 11.5₵/kWh – 39% higher!pic.twitter.com/OXQ5OnFA5c
We know price spikes may sound scary, but they are nothing to be afraid of! The price spikes over 30 cents only .4% of the time and over $1 only 0.04%. If you accept the wholesale floating price, over the course of a year we come in about 20-30% less than fixed prices.