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One Texas Resident Still Has Power, but His Bill Is Now Over $8,000

"Its mind-blowing. I honestly didnt believe the price at first," Royce Pierce, a 38-year-old contractor and Texas resident, said. "Its not a great feeling knowing that there is a looming bill that
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Texas power retailers to customers in face of freeze: please, leave us

Some retail power companies in Texas are making an unusual plea to their customers amid a deep freeze that has sent electricity prices skyrocketing: Please, leave us. One power supplier, Griddy, told all 29,000 of its customers that they should switch to another provider as spot electricity prices soared to as high as US$9,000 a megawatt-hour. Griddy’s customers are fully exposed to the real-time swings in wholesale power markets, so those who don’t leave soon will face extraordinarily high ...
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Griddy takes disruption to another 'multilevel'

Griddy takes disruption to another multilevel FacebookTwitterEmail Griddy, the California-based wholesale power retailer, entered the Houston market with its daring billboards.Karen Warren, Houston Chronicle / Staff photographer Griddy, the California-based startup that opened the wholesale electricity market to Texas consumers three years ago, is taking a page from some of its more traditional competitors and will sell power through commission-based networks. NRG Energy and Vistra, the two big...
United States Paul Paras Michael Fallquist Fred Anders Gambit Energy Stream Energy

Griddy takes disruption to another 'multilevel' - Midland Reporter-Telegram

Griddy takes disruption to another multilevel FacebookTwitterEmail Griddy, the California-based wholesale power retailer, entered the Houston market with its daring billboards.Karen Warren, Houston Chronicle / Staff photographer Griddy, the California-based startup that opened the wholesale electricity market to Texas consumers three years ago, is taking a page from some of its more traditional competitors and will sell power through commission-based networks. NRG Energy and Vistra, the two big...
United States Paul Paras Karen Warren Michael Fallquist Fred Anders Gambit Energy
Source: mrt.com

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