Compare Griddy Energy electricity rates

What happened to Griddy?

Based in California, Griddy Energy was a Texas Retail Electric Provider that touted itself as a wholesale electricity provider. Their business model was different from most other suppliers.

The Texas Winter Storm in 2021 caused wholesale electric rates to skyrocket. Griddy customers where left holding the bag. The bag of giant electric bills. Shortly after the storm Griddy ceased operations.

How did Griddy Work?

For a flat monthly fee Griddy connected your home or business with the wholesale rate of electricity. Meaning you paid the cost of electricity based on the market value, not a predetermined rate with some sort of markup. 

In theory this would mean you always get the lowest rate, right? Unfortunately, the answer is, it depends. Here’s why. 

Energy suppliers work similar to insurance companies in that they forecast the market over the length of a contract to determine what the average market price will be, then they add a small margin on top of their forecast. This means if they forecast wrong, and rates spike your safe, the supplier has to eat the difference and vice versa if rates drop you still pay the same and the energy supplier makes more margin. 

Supplier Rating

3.5/5

About Griddy Energy 

Headquarters: Playa Vista, California

Service Offerings: Wholesale electricity rates via a mobile app (No longer active)

Market Served: Texas

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See today’s electricity rates for our service areas.

Texas:

Abilene, TXArlington, TXCorpus Christi, TXDallas, TXFort Worth, TXFrisco, TXGeorgetown, TXGrapevine, TXHouston, TXIrving, TXLaredo, TXMcKinney, TXMidland, TXPlano, TXSan Angelo, TXSugar Land, TXTemple, TXWaco, TX

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Abilene, TXAddison, TXAlamo, TXAlbany, TXAledo, TXAlice, TXAllen, TXAlpine, TXAlvarado, TXAlvin, TXAlvord, TXAndrews, TXAngleton, TXAnson, TXAransas Pass, TXArcher City, TXArgyle, TXArlington, TXArroyo City, TXAspermont, TXAtascocita, TXAthens, TXAubrey, TXAustin, TXAustwell, TXAzle, TXBacliff, TXBaird, TXBalch Springs, TXBallinger, TXBalmorhea, TXBarksdale, TXBay City, TXBaytown, TXBedford, TXBeeville, TXBellaire, TXBelton, TXBenbrook, TXBig Lake, TXBig Spring, TXBishop, TXBlooming Grove, TXBonham, TXBrackettville, TXBrazoria, TXBreckenridge, TXBronte, TXBrookshire, TXBrownsville, TXBrownwood, TXBuffalo, TXBurkburnett, TXBurleson, TXCameron, TXCanton, TXCarrizo Springs, TXCarrollton, TXCedar Hill, TXCenterville, TXChannelview, TXChildress, TXChristoval, TXCisco, TXClarendon, TXClarksville, TXCleburne, TXClifton, TXClute, TXClyde, TXCollinsville, TXColorado City, TXColumbus, TXComanche, TXCommerce, TXComstock, TXConroe, TXCooper, TXCoppell, TXCopperas Cove, TXCorpus Christi, TXCorsicana, TXCotulla, TXCrane, TXCrockett, TXCrosby, TXCross Plains, TXCrowell, TXCrystal City, TXCypress, TXDallas, TXDe Leon, TXDecatur, TXDeer Park, TXDel Rio, TXDenison, TXDenton, TXDeSoto, TXDevine, TXDiboll, TXDickens, TXDickinson, TXDilley, TXDonna, TXDublin, TXDuncanville, TXEagle Lake, TXEarly, TXEastland, TXEden, TXEdgewood, TXEdinburg, TXEdna, TXEgypt, TXEl Campo, TXEldorado, TXElectra, TXElgin, TXEnnis, TXEtoile, TXEuless, TXEustace, TXFalfurrias, TXFlint, TXFlower Mound, TXForest Hill, TXForney, TXFort Davis, TXFort Stockton, TXFort Worth, TXFreeport, TXFreer, TXFrisco, TXFulton, TXGainesville, TXGalena Park, TXGalveston, TXGarland, TXGatesville, TXGeorge West, TXGeorgetown, TXGoliad, TXGraford, TXGraham, TXGranbury, TXGrand Prarie, TXGrandview, TXGrapevine, TXHaltom City, TXHamilton, TXHamlin, TXHarker Heights, TXHarlingen, TXHaskell, TXHebbronville, TXHenrietta, TXHidalgo, TXHillsboro, TXHitchcock, TXHouston, TXHubbard, TXHumble, TXHuntington, TXHurst, TXHutchins, TXIngleside, TXIraan, TXIrving, TXItaly, TXJacksboro, TXJersey Village, TXJewett, TXJourdanton, TXJunction, TXKarnes City, TXKaty, TXKaufman, TXKeene, TXKeller, TXKemah, TXKenedy, TXKermit, TXKilleen, TXKingsville, TXKnox City, TXLa Feria, TXLa Marque, TXLa Porte, TXLadonia, TXLake Jackson, TXLake Worth, TXLamesa, TXLancaster, TXLaredo, TXLeague City, TXLeakey, TXLeona, TXLewisville, TXLindale, TXLiverpool, TXLos Fresnos, TXLufkin, TXLytle, TXMabank, TXMagnolia, TXMalakoff, TXMalone, TXManor, TXMansfield, TXMarfa, TXMathis, TXMcAllen, TXMcGregor, TXMcKinney, TXMemphis, TXMenard, TXMercedes, TXMerkel, TXMesquite, TXMidland, TXMidlothian, TXMilano, TXMilford, TXMineral Wells, TXMission, TXMissouri City, TXMonahans, TXMuenster, TXMunday, TXNacogdoches, TXNeches, TXNocona, TXNorth Richland Hills, TXNorthlake, TXOdem, TXOdessa, TXOlney, TXOrange Grove, TXOzona, TXPaducah, TXPaint Rock, TXPalacios, TXPalestine, TXPalmer, TXParis, TXPasadena, TXPearland, TXPearsall, TXPecos, TXPenitas, TXPflugerville, TXPharr, TXPilot Point, TXPlano, TXPleasanton, TXPort Aransas, TXPort Isabel, TXPort Lavaca, TXPort Mansfield, TXPort O'Connor, TXPortland, TXPottsboro, TXPrairie View, TXPremont, TXPresidio, TXQuanah, TXQuinlan, TXRainbow, TXRanger, TXRankin, TXRaymondville, TXRed Oak, TXRefugio, TXReklaw, TXRichardson, TXRichland, TXRichland Hills, TXRichmond, TXRio Grande City, TXRio Hondo, TXRiviera, TXRoanoke, TXRobert Lee, TXRockdale, TXRockport, TXRocksprings, TXRockwall, TXRoma, TXRosenberg, TXRotan, TXRound Rock, TXRowlett, TXRoyse City, TXRule, TXSabinal, TXSaginaw, TXSaint Jo, TXSalado, TXSan Angelo, TXSan Antonio, TXSan Benito, TXSan Juan, TXSan Leon, TXSandia, TXSanta Anna, TXSeabrook, TXSeadrift, TXSeagoville, TXSealy, TXShamrock, TXSheffield, TXSherman, TXSinton, TXSnyder, TXSonora, TXSouth Houston, TXSouth Padre Island, TXSouthlake, TXSpring, TXSpringtown, TXSpur, TXStafford, TXStamford, TXStephenville TXSugar Land, TXSulphur Springs, TXSweetwater, TXTaft, TXTaylor, TXTemple, TXTerrell, TXTexas City, TXThe Colony, TXThree Rivers, TXThrockmorton, TXTivoli, TXTomball, TXTuleta, TXTyler, TXUvalde, TXVan, TXVan Alstyne, TXVernon, TXVictoria, TXWaco, TXWaxahachie, TXWeatherford, TXWebster, TXWellington, TXWeslaco, TXWest Columbia, TXWestlake, TXWharton, TXWhite Settlement, TXWhitewright, TXWhitney, TXWichita Falls, TXWills Point , TXWinters , TXWolfe City, TXWoodway, TXYantis, TXYorktown, TXZapata, TXZavalla, TX