November 27, 2018
In 2015, Greg Craig looked into Texas’ wholesale energy industry and a light bulb went on over his head. He realized that the way consumers were delivered power was opaque and misleading. The electricity industry is one of the few areas that the tech boom hasn’t yet infiltrated.
October 11, 2018
There’s so much that makes Texas special. We know energy and brag about our low cost of power but is it as good as we think? Scott Hundley buys power for a living for major corporations and he says figuring it out at home is even more complicated.
September 28, 2018
Griddy, the wholesale electric power supplier for residential customers, has attracted 20,000 customers in Texas, impressive growth for a company in business for only a year. But the Los Angeles company has hit a wall of sorts.
September 26, 2018
There’s been a great myth propelled through Texas and all other deregulated markets that fixed prices are safe play. The idea that ‘Let us fix you a price and then you can sleep at night on a 24 month contract where you know your price is 12 cents a kWh.’ As it turns out that’s […]
August 20, 2018
How much was your electric bill last month? It was higher than usual if you’re like most. But one new electric provider says you would have saved about 30 percent if you were with it. Consumer expert Amy Davis spoke with the CEO and co-founder of Griddy to find out how the company works.
August 11, 2017
Greg Craig has spent his career in the power industry tracking the price of power, but this spring he launched something new: a retail electric company with an app that allows residential customers to track the price of power. Read the Q&A with the CEO and Founder of Griddy.
June 8, 2017
First, it was the music industry and travel agents, then shopping and taxicabs. Now, as Silicon Valley pushes to digitize the globe, its next target for disruption is the power industry. Hundreds of millions of dollars are flowing into so-called big data technologies designed to remake the power grid.
June 6, 2017
Griddy wants to bring the Costco model to retail energy: Pay a membership fee; get wholesale prices for electricity. CEO Gregory Craig claims that Griddy can provide retail power at prices 30 percent cheaper than any other provider in Texas, saving homeowners about $500 a year. Monthly memberships cost $9.99.
April 21, 2017
It’s been kind of a yin-and-yang week in the Texas power market. One business slipped into bankruptcy, while a brand new one launched itself into the world. Fittingly, the stories of these opposites are also intertwined—and should resonate throughout the electricity sector. What things like Griddy represent is the further erosion of the old, vertically […]