Weekly Price Recap: 5/24– 5/30
Griddy members had another week of savings last week, paying 6.9¢/kWh vs. the Texas average of 11.9c/kWh, which is 71% higher!!!
There was a single price spike across the state last week. This spike came on Tuesday morning and was due to wind generation dropping by over 600 MW as solar generation begin to decrease as well, leading to a brief price spike. There was also over 1 hour of negative pricing across the state and 2 and a half hours in West Texas!