@GoGriddy Can you please add the ancillary services to the monthly chart so I can see how much per day?
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Replying to @GoGriddy
Why were my ancillary costs more than my energy usage costs yesterday? Are you just averaging the ancillary costs amongst all users based on kWh or is it based on each 15 min increment for each individual customer? Do ancillary costs vary based on the price of electricity?
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Replying to @smracer95 @GoGriddy
I figured it out. Griddy is buying Ancillary Services either day-ahead or monthly. Yes it does save money in the long run but it can sting in the short term.
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Replying to @smracer95 @GoGriddy
How’d you figure that out? Ancillary Services is a significant charge (more than 15% of the total of what Griddy charged me for “wholesale” electricity) and needs greater transparency.
@lmsixel2 replies 0 retweets 0 likes -
I talked to my energy rep who wrote my market rate contract. I have a 5 year contract and he negotiated my ancillary services so I just pay a flat per kWh rate base adder. Since Griddy's Ancillary Services rates are variable then they must buy them either daily or monthly.
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That requires traders, risk managers, compliance, credit, load forecasting, settlements and energy accounting - millions of dollars a year in salaries and systems that every other electric provider has to pay and pass through to their customers that Griddy does not.
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I can ask questions, but I’m not knowledgeable enough on this esoteric topic to answer or dispute any answer. It might be better if Griddy could do more to explain how Ancillary Services are calculated on each member’s bill, since it‘s +15% of the charge for “wholesale” juice.
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We don't include ancillary services on the Price dial or the Usage page because a) we don't know what the ancillary services costs are until after the fact (once we receive our invoice from ERCOT);
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