[freeone3000]

The usual wholesale price of electricity is around $0.11 per kWh. The retail price of electricity is around $0.16 per kWh. So you save about $0.05 per kWh used in an average month -- not bad! That's a free $20!

Until a "100 year" storm comes along, and makes the wholesale price of electricity $9 per kWh. Now instead of saving $20, you owe $8,800 more than usual.

[bdcravens]

I had the service for 2 years. Most months I saved $50-100.

Until this month wiped out my savings the entire time (I was able to jump ship soon enough to "only" rack up $1300 of electric bills with them lol)

[WrtCdEvrydy]

If I was saving $50-100, I would have put the extra towards a decent generator.

[lxe]

So the "tiered brokerage" middle men make it more expensive on average by cheaper when wholesale spikes?

[shiftpgdn]

I saved around $1700/year on Griddy due to some very simple smart home automation. My goal this year was to push it much further than that, alas.

[gnyman]

Do you have any documentation or recommended reads for how and what you did? I've been thinking of doing something similar but wondering what parts make most sense to automate

[Dma54rhs]

Most likely heating and cooling is what take up the cast majority of your bill, unless you have something more unusual going on.

[brianwawok]

Electric cars can match or exceed AC as another big source.