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 based on average member rates over the previous 12 months. The rates shown are the Rate to Compare and do not show taxes and fees.

Griddy average rate

The Griddy rate is calculated based on average member rates over the previous 12 months. 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 1,409 kWhs/month. The Griddy rate is 8.46¢ and the Texas Average is 12.0¢.

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. The EIA rate is based on the most recent data they have published. For the year 2020, that represents Griddy data through Oct 2020 and EIA through Aug 2020.

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 from April 2017 through October 2020. The Texas Average is based on the latest EIA rates available as published by the U.S. Department of Energy.

Average awesomeness

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