Weekly Price Recap: 3/15– 3/21
Griddy members had another week of savings last week even with price spikes, paying 8.4¢/kWh vs. the Texas average of 11.9c/kWh, which is 41% higher!
There were several spikes across the state last week with 9 spikes in Houston and Dallas, , 8 in South Texas, and quite a few in West Texas. These spikes came mostly at the start of the week and were due to weak wind generation compounded with seasonal plant outages. West Texas saw over 2 hours of negative pricing with South Texas also experiencing pricing below zero last week!