Quote:
Originally Posted by snafu
I'm sure you know, whether you are home or not, you are still using kWh, often called Phantom Power. It operates most TVs, DVDs, computers, charging stn., microwave...anything with instant-on power. Those dials on the meter spin 24/7
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While this is true, this power consumption is not the real "drain" on energy resources.
Myrdale pays 10 cents for 24/7 now; so you could say $2.40/day.
This could be reduced to 4 cents for 19 hours (76 cents per that portion of the day) plus, 18 cents within peak hours for the other 5 hours (90 cents per that portion of the day).... but most of his activities are not taking place within peak.
76 + 90 = $1.66 per day instead of $2.40.
But of course, electrical use is not a constant. But a 60% cost reduction reduction is not easily discounted. It should make a difference.
This is a case-study done on power consumption and why companies are moving in this direction (though this particular company ended the program).
Time of Use Electricity Billing: How Puget Sound Energy Reduced Peak Power Demands (Case Study) (Energy Priorities)
The fact is that when prices are lower, people do indeed change their habits to take advantage of that situation. It's natural.
Myrdale -- it sounds like this offer is from June to Sept.... are they charging something to "change" or "monitor" power consumption specifically?
If it's something you have to signup for, then there might very well be a catch or a limit to the benefits.
Sorta wondering why the power companies don't just do it automatically and when people notice the differing prices, they will modify their habits? Or maybe people won't notice?