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by 35fbe7d3d5b9 1941 days ago
Datapoint: I'm someone on the MISO grid, with fixed-rate electric billed at $0.15 for the first 300 kWh, $.11 for the next 700 kWh, and $.10 for the rest. Last month I used ~2500 kWh for a total of ~$267.

MISO's marginal cost to deliver a megawatt hour to my area is around ~$16-19 over the past hour or so[1]; with those prices, I'd save ~200. That's nothing to sneeze at.

During the blackouts ERCOT's prices[2] were around $7500 to deliver that mWh; at that cost I'd lose $18,483 by paying market rate.

I don't think the average person is equipped to properly price this risk. I don't think I'd know how to properly hedge it, either.

[1]: https://www.misoenergy.org/markets-and-operations/real-time-...

[2]: http://mis.ercot.com/misapp/GetReports.do?reportTypeId=12328...

1 comments

> I don't think the average person is equipped to properly price this risk. I don't think I'd know how to properly hedge it, either.

I would agree with that.

As a nerd-snipe for hyper-optimisers and misers, griddy would be a good if risky (to clients) business. Publicly advertised to the general population it's at best unethical and at worst unconscionable and insane.