By: Lauren Valdes

Weekly Price Recap: 8/18 – 8/24

Griddy members had the lowest week in August so far as a reprieve from those unprecedented high prices. Griddy members paid 10.5 c/kWh vs. the Texas average of 11.6c/kWh, which is 10% higher!

We had 1 price spike, which occurred on Thursday afternoon. This spike lasted 10 minutes and was driven by a steam generation unit in North Texas failing to ramp up on schedule, leaving the grid briefly undersupplied.

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