How does Griddy compare?

Plan information for TXU, Reliant and Direct Energy are offers found on powertochoose.com as of January 8, 2020. Rates are based on Texas average usage of 1400 kWh a month. The Griddy rate is calculated from April 2017 (company launch date) to December 2019. The rates shown are the Rate to Compare and do not show taxes and fees.

Griddy average rate

The Griddy rate is calculated from our company launch of April 2017 to December 2019. This is the Rate to Compare and does not show taxes and fees.

Griddy average savings

Savings are calculated by comparing what our members paid with Griddy vs what they would have paid with the Texas Average. Calculations are based off average Griddy member usage of 1,550 kWhs/month. The Griddy rate is 9.4¢ and the Texas Average is 11.4¢.

20% cheaper than the Texas Average

This is calculated using actual Griddy member rates vs. the Texas Average as published by the U.S. Department of Energy (EIA) and is based on a standard load profile. 2019 EIA rate includes actual rates for January to October and estimated rate for November to December based on rolling average of the previous 12 months

Price spikes only happen .06% of the time

Prices are based on RTSPPs (Real-Time Settlement Price Points) across Texas from 2015 to 2019.

Our prices vs traditional providers

This is calculated by taking the total amount paid by Texans for electricity in 2018 (as reported by the US Department of Energy) and subtracting out the wholesale cost of electricity, delivery, taxes and merchant service fees.

Named REP with fewest fees

Number of fees are based on a report published by energy watchdog group, Texas Ratepayers Organization to Save Energy (ROSE). You can read it here.

Griddy total savings

We compared what our members paid with the Griddy rate vs what they would have paid with the Texas Average which is based off the EIA rate as reported by the US Department of Energy from April 2017 to January 2020.

Average awesomeness

We calculated how great we are at ping pong and multiplied that by how cute our puppies are and voila! 100%