TEMPERATURES IN THE TRIPLE
DIGITS MEAN HIGHER ELECTRIC
BILLS, BUT CUSTOMERS OF ONE
COMPANY ARE GETTING BILLS THAT
ARE EVEN HIGHER THAN AVERAGE,
AND SOMETIMES PAIN ONE TO $200
FOR A DAYS WORTH OF
ELECTRICITY.
OUR INVESTIGATOR IS HERE AND
WOULD LOVE TO HEAR AN
EXPLANATION.
THE COMPANY GRITTY CLAIMS
IT'S THE ONLY WHOLESALE
ELECTRIC DIVIDER IN TEXAS.
BUT THAT DOESN'T ALWAYS MEAN
CUSTOMERS ARE SAVING MONEY.
THIS IS HOW GRADY FEELS ABOUT
THE PAST WEEK.
THE COMPANY SOCIAL MEDIA
MANAGER TOOK TO YOUTUBE TO
EXPLAIN WHY CUSTOMERS BILLS
HAVE SKYROCKETED.
IT WAS DUE TO A HIGH DEMAND
ON THE GRID, RECORD HIGH
DEMANDS ON THE GRID.
THE COMPANY CALLS ITSELF THE
ONLY WHOLESALE ELECTRIC
PROVIDER IN TEXAS.
THE IDEA IS THAT GRITTY
CUSTOMERS CAN SAVE HUNDREDS I
NOT PAYING A MARKUP FEE.
BUT WHEN THE MOST RECENT BILL
WAS OPENED UP BY MICHAEL, HE
PULLED THE PLUG.
I HAD A $135 ELECTRICITY
COST FOR THAT ONE DAY.
ANOTHER CUSTOMER SAYS HE GOT
CHARGED $108 ONE DAY, THEN $272
THE NEXT.
OTHERS REPORTED BILLS OF NEARLY
$700 JUST DURING THE FIRST HALF
OF AUGUST.
I THINK IT WAS JUST
BASICALLY, IT TOOK EVERYBODY BY
SURPRISE PRE- TO CUT
CONSUMPTION, GRIDDY HAS
PROVIDED CUSTOMERS WITH TIPS.
EVERYTHING FROM TURNING OFF
YOUR AC TO VISITING THE
LIBRARY.
IT'S REALLY HOT AND
EVERYBODY IS TURNING EVERYTHING
ON.
AND I DON'T BLAME YOU GUYS.
GRIDDY CAN ALSO SEND PRICE
ALERTS DIRECTLY TO YOUR PHONE.
BUT FOR SOME CUSTOMERS, IT'S A
TOUGH SELL TO STAY.
IF YOU ARE A RESIDENTIAL
CUSTOMER, STICK WITH THE
CONVENTIONAL FIXED PRICE PLAN.
GRIDDY SAYS AT TIMES RATES
SPIKED TO THE MARKET CAP OF
NINE DOLLARS PER KILOWATT,
THAT'S MORE THAN 77 TIMES WHAT
THE AVERAGE TEXAN PAID LAST
WEEK.
GRIDDY CUSTOMERS DO NOT SIGN A
CONTRACT SO THE UPSIDE IS THAT
THEY CAN CANCEL THEIR CONTRACT
AT NO COST.
AND ASQ QUESTION, DRIVING
AND I ACTUALLY HEARD THE RADIO
COMMERCIAL FOR THIS COMPANY,
AND THE FIRST THOUGHT THAT
POPPED INTO MY HEAD WAS OKAY IF
THEY ARE GIVING ME DIRECT
WHOLESALE PRICING ON ENERGY,
HOW ARE THEY MAKING MONEY?
THEY SAY IT'S WHOLESALE, BUT
HERE'S THE ACTUAL THING, THEY
ARE CHARGING A MONTHLY RATE OF
9.99, BUT BECAUSE OF THESE AS
SPIKES, GRIDDY SAID THEY ARE
ANNOUNCING TO REIMBURSE THE
CUSTOMERS FOR THE MONTH OF
AUGUST.
BUT FOR CLARITY THEY GET 10
