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Old 02-27-2021, 1:39am   #17
ZipZap
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Originally Posted by bill_daniels View Post
This just in......the state of Texas just put Griddy out of business. They are no longer allowed to sell power in Texas. Pretty screwed up that free market Texas is acting like NY or CA. They probably would have gone out of business after this anyway, but people should be able to buy whatever they want.
As long as the company was not gouging. It sounded like the "normal" electric companies bounced the rates. Did they do that only because they knew they had an outlet? Don't get me wrong, I agree that risk vs. reward is on the buyer, but I have a hard time believing that there aren't entities taking advantage of this.
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