Weekly Price Recap: 11/10-11/16

By: Lauren Valdes
Weekly Price Recap: 11/10-11/16
Griddy members had a solid week last week paying only 9.4¢/kWh vs. the Texas average of 11.6c/kWh, which is 23.4% higher!
We had 3 price spikes this week, two on Tuesday morning and one on Friday morning. All three of these were due to high early morning demand, but each one only lasted 5 minutes as gas-fired plants ramped up to supply the grid and bring prices back down to normal.