winnie
Senior Member
- Location
- Springfield, MA, USA
- Occupation
- Electric motor research
There is only one set of wires, and only one company provides delivery.
The bill has separate supply/energy and delivery charges. You can pick different companies for the supply portion of the bill.
You only have choice for the supply/energy charges.
There used to be a company called Griddy. You would pay a small monthly fee, and then just the wholesale price for electricity, with zero hedging. Sometimes the wholesale price would go negative and you would actually get a supply credit for using electricity. You would still pay the delivery charge, so the cost per kWH was positive.
The company folded after the ice storm a few years back when wholesale rates pegged at $9/kWH and their customers didn't know how to handle this. IMHO it was a great deal and a great idea if you were able to turn off your electricity in response to the high prices
The bill has separate supply/energy and delivery charges. You can pick different companies for the supply portion of the bill.
You only have choice for the supply/energy charges.
There used to be a company called Griddy. You would pay a small monthly fee, and then just the wholesale price for electricity, with zero hedging. Sometimes the wholesale price would go negative and you would actually get a supply credit for using electricity. You would still pay the delivery charge, so the cost per kWH was positive.
The company folded after the ice storm a few years back when wholesale rates pegged at $9/kWH and their customers didn't know how to handle this. IMHO it was a great deal and a great idea if you were able to turn off your electricity in response to the high prices