The grid is an interesting and magical thing. It takes energy from generators (a mix of natural gas, coal, wind, solar and nuclear energy) and moves it along the poles and wires (that are maintained by your TDU) to your home or business. And voila! You can power your lights.
The wholesale price of electricity is set by the grid operator, ERCOT, and can change every five minutes depending on supply and demand. When there is excess energy on the gird, prices drop and can even go negative, which means you are getting paid to use electricity (awesome!). And when demand is high like on hot summer days, prices can spike. The highest the price can go to is $9/kWh (which has only ever happened 0.005% of the time.) Most of the time, though, 96% to be exact, it stays below the Texas Average of 6¢/kWh.
It is this wholesale cost of electricity + TDU delivery charges + taxes and fees that we pass along to you without mark up for a monthly membership.View Historical Pricing
No more paper bills. You’ll be able to view your billing statement any time in the app so you’ll never be shocked by an end-of-the-month bill again. Excellent!
Easily and automatically adjust your usage based on the price of electricity. If the price goes up, shut off your pool pump. If it drops, turn on your smart thermostat to cool your house down when prices are cheap.
Robots might be taking over, but at least you’ll be saving.How It Works
No markups, no markups, and oh yeah...no markups. You pay exactly what we pay – the wholesale rate. Those other guys mark up the price of energy and gouge you for every dollar they can take. They are in direct competition with you.
But us? We’re aligned with you. All we make is a flat $9.99 a month membership. So, we want you to save lots of money every month, because that means you’ll want to stay with us.Get Wholesale Now
I love your model of business, transparency and consistency. When shopping other providers, I got pretty frustrated at their rates, customer service, and contract stipulations. Keep it up, and thank you for changing the game.
I work for one of Griddy's competitors and I love this app and their service. So simple, elegant, and easy.
I track my power usage and payments compulsively, and there's nothing cheaper, more transparent, or easier to use out there than Griddy. I'm still actively shopping for cheaper plans, and they simply don't exist. You're making your competition look foolish at tbest and intentionally disnhonest at worst. Keep up the awesome work.
You shouldn’t get locked into a long term contract to get the best rate.
You pay exactly what we pay for electricity. All we add is awesome.
Stay with Griddy because you love us and the low rates.
Your credit is your business and we’d like to keep it that way.