Fall and winter are projected to be much lower. There is a lot more generation and capacity to more than cover those season's demands. You already paid for it with the real-time rate if you switched to a fixed plan you will most likely be paying it with the contract you sign.
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Replying to @AstonishingFMan @rjrogers915
You can read more about it, here! http://www.ercot.com/news/releases/show/189466?fbclid=IwAR0XS3Fatf1W-MP_ex93GRtE3BEECnGQ_8atWHeQv23iLmC2xkJg14XsfTE …
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Replying to @GoGriddy @rjrogers915
This is deceptive: “You already paid for it with the real-time rate if you switched to a fixed plan you will most likely be paying it with the contract you sign.” You do yourself no good by giving customers dubious info. It comes back to haunt you 10x over, like 8/13-8/15.
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Replying to @AstonishingFMan @rjrogers915
Thanks for the advice, but we stand by the fact that fixed rates are going to increase based on what happened in August. Fixed rate providers aren't in the business of loosing money and with what happened in August, they lost a lot of money and are going to need to make it up.
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Replying to @GoGriddy @rjrogers915
1st, the energy market is not as simple as you portray it. 2nd, although consumers on average may pay more, most households can beat the average (and beat Griddy rates!) by shopping wisely for a fixed rate plan—and thereby avoid the risks/uncertainty/hassles/sweating of Griddy.
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Replying to @AstonishingFMan @rjrogers915
1). Thanks for the advice. 2). When people ask us for estimates and they give us their current rate and we aren't able to beat it, we do let them know that they should stay where they are. We do know Griddy isn't for everyone and we've said that on social since the beginning.
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Replying to @GoGriddy @rjrogers915
The fact is, you simply don’t know if you are “able to beat” a consumer’s current fixed rate because you do not know what the variable real-time rates will be in the future. You are just guessing! But you put forward your guess as if it were a fact.
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Replying to @AstonishingFMan @rjrogers915
No, we are not guessing, we're looking backwards at ACTUAL Texas average rates and ACTUAL rates Griddy members paid.
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Replying to @GoGriddy @rjrogers915
You are guessing about the future. The only way you can say your rate will beat a customer’s current rate is if you offer a fixed rate plan. Because your rate is variable, you cannot know whether it will actually beat a consumer’s current fixed rate going forward.
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We are an indexed rate. And like we said, Griddy isn't for everyone and we are glad you are happy with your fixed rate.
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