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Griddy Prices Spike

Instantly switch away from Griddy and save.

Griddy Electric
Griddy Electric
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Brad Gregory

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Compare Power Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace.

We gave Griddy a try…read our latest review:

Griddy Energy Reviewed – I Gambled with Griddy and Here’s What I Learned

Table of Contents
  • Griddy prices spike – Switch today and save
  • Griddy Energy reviews
  • The risk of wholesale electricity prices
  • Compare Griddy Energy rates with competing Texas energy plans
  • How to choose the best electricity plan in Texas

Griddy prices spike – Switch today and save

Electricity prices surged past a $9,000 a megawatt-hour price cap in Texas as extreme heat sent power demand skyrocketing.

Griddy customers felt the heat the most as extreme temperatures sent power demand skyrocketing and wholesale electricity prices surging past a $9,000 a megawatt-hour price cap in Texas.

Energy prices for Griddy customers were projected to be as high as $7.00 / kWh on August 16th, 2019.

Users shared screengrabs and voiced their frustrations online about how much they’ve been paying per kilowatt-hour. Many Griddy customers reported paying $100 or more daily to power their homes.

Why pay 7 dollars per kilowatt-hour? Choose a fixed-rate plan on ComparePower today.

Griddy Prices Spike
Griddy App – August 16, 2019. Compare Griddy’s $7/kWh to 7c/kWh on ComparePower. 

Instantly switch away from Griddy.

 

Griddy Energy reviews

See what ComparePower customers had to say as they switched away from Griddy during the wholesale price spikes.

Griddy Prices Spike

Griddy Prices Spike

The risk of wholesale electricity prices

As temperatures in the state climbed to 103 degrees Fahrenheit (39 Celsius), ERCOT issued an emergency alert, asking Texans to conserve energy and calling on all power plants to ramp up production.

When demand goes up, so does the price! Real-time consumers are at risk during a price surge such as this one.

Griddy Prices Spike

Playing the wholesale market is a massive gamble as the wholesale price of electricity fluctuates wildly based on many factors, including weather, maintenance issues, and the time of day, leaving consumers vulnerable when prices skyrocket during peak conditions.

The bottom line is when you need electricity the most, you pay the highest price.

People prefer predictability and stability in their energy choice.

The best way to have a predictable energy bill is to lock in a fixed rate and not gamble by guessing what the wholesale price of electricity will be in the future.

ComparePower lets you find and compare low fixed-rate plans from multiple Texas electricity providers, ensuring you are getting the best rate possible for your contract term.

Switch to a predictable energy plan in 5 minutes.

Compare Griddy Energy rates with competing Texas energy plans

Plan Name Plan Length Rate
First Choice Power - You Got This"! 2424 months$0.129 / kWh
First Choice Power - You Got This"! After Hours 1212 months$0.156 / kWh
Cirro Energy - Smart Value 12 Online12 months$0.236 / kWh
Green Mountain - Go Local Solar 12 Preferred12 months$0.251 / kWh
Discount Power - Value Plus 1212 months$0.227 / kWh
Discount Power - Value Plus 2424 months$0.217 / kWh
Direct Energy - Live Brighter 1818 months$0.230 / kWh
Direct Energy - Live Brighter 1K+ 2424 months$0.217 / kWh
Direct Energy - Live Brighter Lite 1212 months$0.212 / kWh
Direct Energy - Live Brighter Lite 2424 months$0.202 / kWh
New Power - Power of Credit 1212 months$0.176 / kWh
New Power - Power of Credit 2424 months$0.157 / kWh
New Power - Power of Credit 3636 months$0.153 / kWh
New Power - Power of One 1212 months$0.270 / kWh
New Power - Power of One 2424 months$0.238 / kWh
New Power - Power of One 3636 months$0.240 / kWh
TXU Energy - Clear Deal 1212 months$0.145 / kWh
TXU Energy - Clear Deal 2424 months$0.155 / kWh
TXU Energy - Flex Forward1 months$0.191 / kWh
TXU Energy - Free Nights & Solar Days 12 12 months$0.195 / kWh
TXU Energy - Saver's Discount 1212 months$0.193 / kWh
TXU Energy - Saver's Discount 2424 months$0.206 / kWh
TXU Energy - Season Pass 1212 months$0.189 / kWh
TXU Energy - Simple Rate 1212 months$0.185 / kWh
TXU Energy - Solar Saver 1212 months$0.211 / kWh
TXU Energy - Solar Value 1212 months$0.155 / kWh
Payless Power - Simple 6 - No Deposit & No Credit Check6 months$0.199 / kWh
Payless Power - Premier 12 - No Deposit & No Credit Check12 months$0.200 / kWh
Constellation - 12 Month (No Min Usage Fee)12 months$0.175 / kWh
Constellation - 12 Month Usage Bill Credit12 months$0.169 / kWh
Constellation - 36 Month Usage Bill Credit36 months$0.159 / kWh
4Change Energy - Smart Thermostat 2424 months$0.152 / kWh
4Change Energy - Maxx Saver Select 1212 months$0.108 / kWh
4Change Energy - Maxx Saver Select 2424 months$0.107 / kWh
4Change Energy - Cash Money 1212 months$0.157 / kWh
4Change Energy - One Rate 2424 months$0.158 / kWh
4Change Energy - One Rate 1212 months$0.179 / kWh
Amigo Energy - Amigo Web Plan 1212 months$0.159 / kWh
Amigo Energy - Amigo Web Plan 2424 months$0.149 / kWh
Amigo Energy - Nights Free Plan 1212 months$0.165 / kWh
Just Energy - Energy Wise 1212 months$0.159 / kWh
Just Energy - Energy Wise 2424 months$0.149 / kWh
Just Energy - Energy Wise 3636 months$0.149 / kWh
Just Energy - Simple Choice 1212 months$0.165 / kWh
Just Energy - Simple Choice 2424 months$0.155 / kWh
Just Energy - Simple Choice 3636 months$0.155 / kWh
Just Energy - Just Assured 1212 months$0.165 / kWh
Just Energy - Just Assured 2424 months$0.155 / kWh
Just Energy - Just Assured 3636 months$0.155 / kWh
Just Energy - 100% Green Nights Free Plan 1212 months$0.165 / kWh
Just Energy - Nights Free Plan 1212 months$0.165 / kWh
Just Energy - Power Plus 3636 months$0.105 / kWh
Tara Energy - Tara Web 1212 months$0.159 / kWh
Tara Energy - Tara Web 2424 months$0.149 / kWh
Tara Energy - Nights Free Plan 1212 months$0.165 / kWh
Gexa Energy - Gexa Eco Saver Plus 1212 months$0.107 / kWh
Gexa Energy - Gexa Eco Saver Advantage 1212 months$0.207 / kWh
Gexa Energy - Gexa Eco Saver Lite 1212 months$0.179 / kWh
Gexa Energy - Gexa Eco Saver Premium 1212 months$0.208 / kWh
Frontier Utilities - Frontier Saver Max 1212 months$0.208 / kWh
Frontier Utilities - Frontier Saver Value 1212 months$0.179 / kWh
Frontier Utilities - Frontier Saver Plus 1212 months$0.107 / kWh
Frontier Utilities - Frontier NHF 12+12 months$0.155 / kWh
Pulse Power - Free Energy Nights 1212 months$0.163 / kWh
Pulse Power - Free Energy Nights 2424 months$0.163 / kWh
Pulse Power - Free Energy Nights 3636 months$0.162 / kWh
Pulse Power - Free Energy Weekends 1212 months$0.146 / kWh
Pulse Power - Free Energy Weekends 2424 months$0.146 / kWh
Pulse Power - Free Energy Weekends 3636 months$0.146 / kWh
Pulse Power - Texas Fixed 1212 months$0.139 / kWh
Pulse Power - Texas Fixed 2424 months$0.139 / kWh
Pulse Power - Texas Fixed 3636 months$0.138 / kWh
Pulse Power - Texas Green 1212 months$0.143 / kWh
Pulse Power - Texas Green 2424 months$0.143 / kWh
Pulse Power - Texas Green 3636 months$0.143 / kWh
Reliant - Basic Power 12 plan12 months$0.171 / kWh
Reliant - Basic Power 24 plan24 months$0.161 / kWh
Reliant - Conservation 12 plan12 months$0.175 / kWh
Reliant - Conservation 24 plan24 months$0.165 / kWh
Reliant - Truly Free Nights 100% Solar 12 plan12 months$0.171 / kWh
Reliant - Truly Free Weekends 100% Solar 12 plan12 months$0.171 / kWh

These live rates for Oncor Electric Delivery service area were updated on January 31, 2023 at 8:17 pm CST. Pricing shown is based on an exact usage of 1000 kWh.

Instantly compare competing Texas electricity plans and rates.

How to choose the best electricity plan in Texas

Selecting a Griddy Energy plan without knowing your home’s energy usage can cost you hundreds or thousands of dollars.

Switching providers? Energy rates on ComparePower can be customized to your specific historical power usage.

Moving? ComparePower helps estimate your new home’s energy usage, ensuring you choose the best plan for your household.

Lock in the best rate by comparing competing energy plans on ComparePower. Enter your zip code to compare energy company plans for your specific usage in your service area.

The #1 most important thing: Know your usage!

The key to avoiding overpaying is knowing your expected usage and comparing monthly costs for each plan based on that usage amount.

With things like gasoline, the “price per gallon” you see on the sign is the price you pay no matter how many gallons you pump.

$3 per gallon. Pump 10 gallons, and pay $30. Simple.

Electricity in Texas is not as simple as buying gasoline. The advertised “price per kWh” is based on a specific, exact monthly usage (usually 2000 kWh).

And each plan has a different calculation for determining your monthly bill.

Your effective “price per kWh” can only be determined by calculating your monthly bill, then dividing that monthly bill by your usage.

Advertised “price per kWh” can be misleading because it’s based on a specific usage like 2000 kWh. It’s best to shop based on the total bill for your home’s expected usage.

How do you do that when the math is complicated, and every plan differs?

ComparePower has already done all this complicated math for you.

First, we help you determine your expected monthly kWh usage. Then we show you the plans and their total monthly cost for your usage.

Enter your zip code for guidance choosing your best rate plan.

Business electricity

Click here to get competing quotes for your business electricity.

You need to compare prices from competing energy companies to find the best commercial electricity rates.

ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.

You submit your information once, and the providers will present their bids. You choose the cheapest price. Simple, quick, and easy.

Texas energy companies

Switch to a predictable fixed-rate plan from a trusted Texas energy provider.

Instantly enroll for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, Green Mountain, and more.

Click on the provider of your choice to view rates, learn more, or sign up.

Energy CompaniesPhone Number
4Change Energy855-550-6663
Reliant855-887-2194
Frontier Utilities866-763-5084
Constellation855-798-2889
Gexa Energy855-639-8210
TXU Energy866-370-2440
Payless Power855-854-8482
Pulse Power888-853-4522

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