Hacker News Reader

Comment by bdavis__ | Hacker News Reader

I purchase my electricity for my apartment from the spot market in texas. (Griddy is the SF company). Yesterday, cost was $240. For 1 day. Most days cost $2 to $4.

Griddy actual sent out an e-mail and a text that said, "go to another supplier, this weekend is going to cost you a bundle".

View on HN

Why would an apartment dweller sign up for such a service?

Because it's usually cheaper than the average energy prices from traditional energy providers.

Over the past 3 years, my monthly electrical bill has been 1/3 to 1/2 what it costs on a "regular" contract.

Update. Friday, Saturday, and Sunday electric bill was right at $600. I changed providers Sunday night, so Monday was a reasonable $0.15 a kWh Buying electricity on the spot market is like betting on GameStop !

Per MW/hr? $2 to $4 seems way too cheap. Here in MA, National Grid in is approx. $0.1239 per KW/hr so x1000 (KW->MW) that would be ~$123 (that's the basic energy cost, not incl. delivery and the "extras" they hit you with).

Parent said only that it was the daily cost for their apartment. No numbers or units

Eh, I guess that's one interpretation of the comment, the OP was talking about cost per MW/hr. But at something like $9K MW/hr, then a day's worth of usage could well be $240.

I guess with numbers like this I was just looking for clarification.

Wild. What is your usual 1 day electric bill?

How long is this expected to continue?

most days are $0.40 to $2.00, depending on air conditioning use.

supposed to end Tuesday night.

Reply on news.ycombinator.com