Allow Griddy to Remain in Business & Provide Wholesale Electricity to its Consumers

Allow Griddy to Remain in Business & Provide Wholesale Electricity to its Consumers

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Kassidy S started this petition to ERCOT and

From February 14, 2021 to about February 21, 2021, Texas residents suffered severe impacts from Winter Storm Uri. Nobody, including the entire electrical grid of Texas, was prepared for a disaster of this magnitude. Rolling brownouts were issued leaving Texans without electricity for the majority of the week, and to make matters worse, water began freezing and causing pipes to burst, until many were left without water as well. Those who still had access to water from the tap were unable to drink it because a boil water notice had been issued for the majority of the week, but residents had no electricity with which to boil it.

Griddy is a wholesale energy provider to many Texans who enjoy its transparency in providing its services. While some electric companies charge you $0.05/kwh (this is one of the lowest I've seen on the market) no matter what, Griddy's cost fluctuates with the energy being used by the grid throughout the day. Although this may sound strange, this wholesale way of powering up often means that consumers are sometimes paying 2-3 cents per kwh and often times during low usage hours such as overnight or early in the morning, the cost of electricity can be 0 cents or even negative per kwh, meaning you can power up all you want and technically get paid to do so. If that doesn't put things into perspective, a personal example of Griddy saving people money happened for some family members of mine who have about 4,000 sq.ft. of house with a pool that's constantly running among other things and in January of 2021 they spent $59.00 on their electricity bill with Griddy which they claim hasn't happened to them in 30 years. 

In the weeks leading up to Winter Storm Uri, many Griddy users received multiple phone calls, emails, etc. with Griddy urging them to consider switching energy providers temporarily because they knew the wholesale cost of electricity would be going up significantly and they wanted to be transparent with their customers rather than only thinking of their bottom line. In a 6-minute meeting, the PUCT mandated a maximum price of $9.00 /kwh that continued even when the Texas energy grid was out of the emergency zone and when Griddy asked ERCOT for emergency help for its members, they did nothing. In fact, even though Griddy represents only a tiny fraction of the market, and even though several other electric providers were unable to keep up with payments to ERCOT during this unpresented time of EMERGENCY and CRISIS leaving ERCOT with a $2.1 billion shortfall, it decided to take action against only Griddy by shutting it down. Even so, Griddy is still trying to fight for relief for its customers. 

The local energy provider directory here is called powertochoose.org where the lowest offered price per kwh is currently about 8 cents. By forcing Griddy to discontinue its services, ERCOT has taken away Texans' power to choose their electricity provider for themselves. While Griddy is one of the most forthcoming and transparent companies that I have had the pleasure of getting to know, ERCOT's direct attack on Griddy and only Griddy tells me that this all goes back to money because they probably can't make as much of a profit on consumers who commonly pay next to nothing for their electricity. 

Even if you have never heard of or had Griddy, it would mean a lot to me and many others if you would sign this petition and give Texans the power to choose Griddy, and therefore to choose their wallets over other unnecessarily expensive providers. Hopefully with enough signatures, more people can experience Griddy's refreshing vision of bringing transparency, innovation, and sustainability to an outdated industry. 

For more detailed info on the state of Griddy go to https://www.griddy.com/ 

Thank you for your time and consideration.

0 have signed. Let’s get to 100!
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