Posted by: Frank Eakin | July 23, 2020

Griddy Energy or Gritty Energy? It’s gambling | 800-993-6207

You may have heard about Griddy Energy or Griddy Electricity (sometimes misspelled as Gritty Energy). They are a new electric company that claims to offer Texas energy plans at variable, volatile wholesale rates, plus their fee of $9.99 per month… but, there are apparently additional costs. Read on.

They say Griddy has average rates over a year of 10 to 11 cents/kWh on electricity compared to other Texas electric companies... but, compared to who exactly? And aren’t there low-cost, low-risk fixed rates lower than Griddy’s from established electric companies?

Some customers complain about operator service after signing up at Griddy’s phone number 800-993-6207. The electric company lists a location at 11811 North Freeway, #546 Houston, TX 77060, but their social media host said their operations are based in California. Read on again.

Compare Griddy Rates to Low-Cost, Low-Risk Fixed Rates

10 TriEagle Energy Plans & Rates in Texas

Plan Name Plan Length Rate
TriEagle - Eagle 66 Months9.4 ¢/kWh
TriEagle - Eagle 6060 Months9.7 ¢/kWh
TriEagle - Eagle 2424 Months10.7 ¢/kWh
TriEagle - Eagle 3636 Months10.7 ¢/kWh
TriEagle - Green Eagle 2424 Months11 ¢/kWh
TriEagle - Eagle 1212 Months11.1 ¢/kWh
TriEagle - Green Eagle 3636 Months11.1 ¢/kWh
TriEagle - SMART Energy 3636 Months11.1 ¢/kWh
TriEagle - SMART Energy 2424 Months11.3 ¢/kWh
TriEagle - Green Eagle 1212 Months11.4 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

 

9 Gexa Energy Rates Plans & Rates in Texas

Plan Name Plan Length Rate
Gexa Saver Deluxe 1212 Months5.6 ¢/kWh
Gexa Saver Supreme 1212 Months6.8 ¢/kWh
Gexa Saver 1212 Months7.2 ¢/kWh
Gexa Saver Supreme 2424 Months7.4 ¢/kWh
Gexa Saver Freedom 1212 Months12.4 ¢/kWh
Gexa Saver Freedom 3636 Months13.2 ¢/kWh
Gexa Saver Premium 1212 Months13.4 ¢/kWh
Gexa Saver Premium 2424 Months13.9 ¢/kWh
Gexa Superb Saver 1212 Months14.5 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

 

7 Pulse Power Plans & Rates in Texas

Plan Name Plan Length Rate
Pulse Power - Texas Saver 1818 Months6.1 ¢/kWh
Pulse Power - Texas Saver 1212 Months6.2 ¢/kWh
Pulse Power - Texas Saver 3636 Months6.7 ¢/kWh
Pulse Power - Texas Fixed 3636 Months10.3 ¢/kWh
Pulse Power - Texas Fixed 1212 Months10.6 ¢/kWh
Pulse Power - Texas Green 3636 Months10.6 ¢/kWh
Pulse Power - Texas Green 1212 Months10.8 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

 

4 Reliant Energy Plans & Rates in Texas

Plan Name Plan Length Rate
Reliant - Secure Advantage 1212 Months11.7 ¢/kWh
Reliant - Truly Free Weekends 1212 Months14.1 ¢/kWh
Reliant - Truly Free 7 Days 1212 Months14.1 ¢/kWh
Reliant - Truly Free Nights 1212 Months14.6 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

 

3 Cirro Energy Plans & Rates in Texas

Plan Name Plan Length Rate
Cirro - Smart Value 12 Online12 Months8.3 ¢/kWh
Cirro - Smart Saver 1515 Months11.5 ¢/kWh
Cirro - Smart Lock 24 Online24 Months12.9 ¢/kWh
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

 

*Enter your zip code to view rates for your area.

 

Compare fixed Texas electricity rate plans vetted to prevent billing surprises

Griddy Houston Chronicle Story and Griddy Reviews: Not a Pretty Sight

First, see this Houston Chronicle article, “Griddy Customers Feel the Bite of Soaring Wholesale Power Prices“. Then, check Griddy energy reviews on their Google Business Page. A lot of the Griddy electricity reviews are pretty brutal. And you’ll find more Griddy power reviews in the posts of their Facebook ads.

Here are some sample Griddy reviews:

“Don’t do it!!! They ended up taking $223.24 out of my account for just 1 week of service! It takes so long to get anyone on the phone for customer service. I had to switch back to Just Energy where I am locked in at a rate of 9.7cents per KWH. As I write this review, Griddy’s projected price for this afternoon is going to be $1.45 per KWH !!!! This is the worst thing ever!” –  Lisa J. (Google Business Page)

“Y’all seriously don’t screw yourself they charged me over $1000 last year for a power surge they did nothing for rectify anything for all the customers that lost hundreds to thousands.” – Jordon L. (Facebook Griddy ad post)

Compare fixed Texas electricity rate plans vetted to prevent billing surprises

Here’s the Things You Need to Know about Griddy

Let’s cut to the chase. Here are the things you need to know about Griddy in a nutshell:

  • Yes, you are paying wholesale price, but Griddy’s rate floats with the market and you can have eye-popping bill surprises during the summer, as many Texans have experienced.
  • Griddy claims that their average rate is about 9.4 cents/kWh, but the fine print on their website notes that this is based on monthly energy usage of “1,550 kWh/month”, which is more than the Texas average for small to mid-size homes and apartments/condos. If Griddy uses a high usage number, they can divide their fees by a larger number, which results in a lower price quote… but the actual price that a large percentage of Texans would experience would be higher.
  • While you pay $9.99 per month, Griddy also charges you a credit or debit card fee, which one analyst noted can amount to another $9.00 per month. Based on a $9 fee for use of a charge card, you would be paying a total of about $19 per month for Griddy’s high risk gamble with your energy bill. Under this scenario, if you’re an apartment renter with an average usage of 500 kWh per month, Griddy’s monthy fee plus card fees would equate to 4 cents per kWh in addition the wholesale price of energy and TDU transmissions charges!
  • On Griddy’s website, they compare their rates to some of the highest price energy providers in the market, such as Direct Energy, rather than the reputable discount rate providers such as Gexa Energy, Pulse Power, TriEagle Energy and others who offer fixed rates that won’t change regardless of the fluctuations in wholesale rates. These discount electric companies often have fixed rates that are less than variable rates offered by Griddy if you include all the price components.

Why pay more to pay Russian Roulette with your energy bill?

Three questions for you:

Here’s our best Texas electricity rate chart with a sampling of trusted energy providers and their rates. Compare their fixed locked rates which have no wholesale index risk to those of Griddy’s risky rate model that causes bill surprises. Use our Electricity Fact Label Guide and Smart Meter Texas Guide to help you.  Note that you can get a renewable energy plan that will help the planet and save you money.

Compare fixed Texas electricity rate plans vetted to prevent billing surprises

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