Re: Electric Company peak hours?
I'm not sure about other places, but I just found out that mine does. I talked with them and they directed me to the area on their web site for the rate details. It's a little confusing to me. The rep. told me that it may end up costing more to do it this way, it would just depend on your lifestyle. This is what it said:
Time-of-Use Rates
Note: Determination of On-Peak/Off-Peak kWh:
The On-Peak hours upon which the On-Peak Energy Charge is based shall be the hours from 3:00 p.m. through 8:00 p.m., for the months of May through October, from 6:00 a.m. through 8:00 a.m., and from 3:00 p.m. through 8:00 p.m., for the months of November through April. All other hours shall be classified as Off-Peak hours.
Customer Charge
$12.00 per meter
Energy Charge
May-October
$0.10600 per on-peak kWh
$0.05561 per off-peak kWh
November-April
$0.10600 per on-peak kWh
$0.05561 per off-peak kWh
and this is the current rate plan:
Residential
Applicable for domestic uses associated with the operation of a single family or multi-family residential installation. Residential rates are based on actual cost per kilowatt hour (kWh) and actual electricity used.
Customer Charge
$10.00 per meter
Energy Charge
May-October
$0.07854 per kWh
November-April
$0.07854 per kWh - First 700 kWh
$0.067810 per kWh- Additional kWh
So I'm not really sure how that all would work out. Maybe I should ask someone a little smarter than I am, LOL.
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