CYA measure more than anything else, so Griddy can say they warned their customers that prices would be high when faced with chargebacks or bad press.
Based on past experience, they are just passing through actual electric costs and profiting off of a ~$10 membership fee. After the absurd energy rates they had to pass through in 2019 (somewhere around $80/kWh), I'm amazed anyone still uses them. V/r Tim -----Original Message----- From: NANOG <nanog-bounces+tim=mid....@nanog.org> On Behalf Of Mark Tinka Sent: Thursday, February 18, 2021 10:26 PM To: nanog@nanog.org Subject: Re: Texas internet connectivity declining due to blackouts On 2/17/21 16:09, Ben Cannon wrote: > https://www.dallasnews.com/business/energy/2021/02/16/electricity-reta > iler-griddys-unusual-plea-to-texas-customers-leave-now-before-you-get- > a-big-bill/ > <https://www.dallasnews.com/business/energy/2021/02/16/electricity-ret > ailer-griddys-unusual-plea-to-texas-customers-leave-now-before-you-get > -a-big-bill/> > > > The power market in Texas has utterly failed. Griddy aren't greedy. Pity about the grid. Mark.
