By: Lauren Valdes

Weekly Price Recap: 9/1-9/7

Griddy members had an above average pricing week last week! Griddy members paid 13.4 c/kWh vs. the Texas average of 11.6c/kWh.

We did 3 spikes this week. The first was a 5-minute spike that came on Sunday afternoon due to wind generation dropping off sharply. The second and third sustained price spikes came on Friday afternoon and were caused by extremely high statewide demand due to hot weather. Hopefully this was the last of the severe summer heat.

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