Using electricity during mid-peak and off-peak service times may lower your electricity bill.
What is the Time-of-Use rate?
During on-peak hours, when customer demands for electricity are highest, the cost of providing electricity is greater than at mid- and off-peak hours, when customer demand is lower. With the Time-of-Use service rate, your cost varies according to the period in which you use the electricity. If you use electricity when demand is high (on-peak), your cost will be higher. However, if you use electricity when the demand is low (off-peak), your cost will be lower. If you use electricity during mid-peak hours, your cost will be in between the on-peak and off-peak rates.
Will I save money using the Time-of-Use rate? Customers who shift a large portion of their use of major electrical appliances to off-peak or mid-peak hours may save money. The important thing to remember is that the Time-of-Use service rate gives customers with high electricity usage an opportunity to control their bill by shifting use to mid-peak and off-peak periods.
How do I apply for the Time-of-Use rate?
If you think you would benefit from the Time-of-Use service rate, please call us at 1.800.743.2110.
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