Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example
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Most of us don’t pay the market price hour to hour. Our electricity provider absorbs the risk of price spikes and raises our rates if the math stops working for them.
Griddy was a provider that sells at the market rate, which is usually below the general price you would pay, but you take the risk of price spikes during peak demand.
Thank you! So much misinformation floating around, its ridiculous.