News About Griddy

Texas Startup Letting Homeowners Buy Wholesale Power Gets Funding to Expand

May 15, 2019

The investment from EDF will allow Griddy to expand beyond Texas into New York and the grid stretching across 13 states, CEO Greg Craig said in an interview. Instead of buying power at set retail rates, Griddy gives members direct access to the ups and downs of wholesale prices.

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Griddy Energy Signs Partnership with EDF Trading

May 14, 2019

We’re thrilled to announce this deal because our focus has always been saving Texans money by connecting them directly to the grid for wholesale electricity rates. This partnership means we can bring the power of wholesale to far more people.

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Reporter’s Notebook: How much do consumers really care about power?

March 21, 2019

One company is betting consumers will take savings to the next level. Griddy has launched a radio advertising blitz explaining how customers can save money by buying power on the wholesale market and readjusting use during times when power is cheapest.

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A “smarter” way to pay for electricity with Griddy

March 19, 2019

Greg Craig, CEO of Griddy, sat down with Deborah Duncan of Great Day Houston to share how Griddy is changing the energy industry by protecting members from surging prices and helping them save on their electricity bills with the tap of an app.

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Electricity startup puts its Houston customers on the grid

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.

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Choice of Power Companies Confusing For Some Texans

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.

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Electricity seller hopes to make consumers comfortable with buying wholesale power

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.

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CEO Spotlight with Greg Craig

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 […]

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New electricity company claims it has lowest price in Texas

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.

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Q&A: Entrepreneur Puts Power In His Customers’ Hands

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.

Read Now On Houston Chronicle
In Silicon Valley, Power Industry Is Next Target for Disruption

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.

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Why Pay Retail? Griddy Says It Offers Wholesale Electricity Prices

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.

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