Weekly Price Recap: 5/19 -5/25
Second! Best! Week! Ever!
Okay, it doesn’t have the same ring as last week’s “Best Week Ever”, but the savings are almost as great. Griddy members averaged 7.7₵/kWh, (as compared to last week’s record low 7.6₵/kWh). Compare that to the average Texan who paid 11.5₵/kWh – that’s almost 50% higher!!!
We only had one 5-minute price spike last week which came on Sunday afternoon as usage ramped up faster than expected. But as always, the gas-fired generators ramped up to meet demand and prices quickly corrected.