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by Aloha 1026 days ago
I dont think anyone but bulk power purchasers will notice, tbh
1 comments

The unique feature of the Texas deregulated grid is that lots of end user products expose consumers to dynamic pricing. There will be lots of households that are exposed to these extreme price swings.
They banned consumer plans that bill at wholesale rates in 2021 after the last time spikes caused massive power bills.

https://legiscan.com/TX/bill/HB16/2021

Interesting. I didn’t know about this update.
It's near impossible to sign up for a dynamic pricing like Griddy anymore. Practically nobody is on it. Even back in the Griddy heyday it was like ~5%~ 0.3% of consumers on those kinds of plans.