Weekly Price Recap: 8/23 – 8/29
Griddy members had another week of savings last week, paying 8.7¢/kWh vs. the Texas average of 12.0c/kWh, which is 38% higher!
There were 5 spikes across the state this week coming Tuesday afternoon, Friday afternoon, and Saturday afternoon. There were also 2 additional spikes in Houston, North, and West, coming Friday and Saturday afternoon. West had one additional Saturday spike as well. These spikes were driven by wind generation performing weaker than forecasted along with higher system demand.