Exposing Electricity Customers to Spot Prices — A Lesson From Griddy

AI-enabled homes promise enabling price responsive consumers. But, are consumers really ready/willing to face the stochastic spot prices?

Griddy company customers shocking electricity bills (source: DallasNews)

tility companies are natural monopolies. This is simply due to the high capital and fixed costs to build and maintain a distribution network. Let alone the physical and economical impracticality of wiring…