About Time-of-Use Rates for Business
A Time-Of-Use (TOU) rate may be the best choice if the majority of your electricity usage occurs outside the peak hours of 12 noon to 6 p.m. on weekdays. For more information, call 1-800-655-4555 to speak with an energy consultant.
How Time-Of-Use Rates Work
Time-Of-Use (TOU) is part of a statewide initiative designed to keep the electric grid reliable so everyone will have power when they need it. Unlike flat rates, TOU rates vary by the time of day the energy is used. With the new TOU rates, your bill will be affected by, both, when you use electricity and how much you use.
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Time-Of-Use Rate Periods
Unlike one flat rate, there are now different rates depending on the season and the time of day the energy is used. The summer months, June through September, are divided into three periods: On-Peak, Mid-Peak and Off-Peak. During the winter months, October through May, there are only two periods: Mid-Peak and Off-Peak. With Time-Of-Use rates, when you use electricity is just as important as how much you use.
TOU rates more accurately reflect the costs of energy at the time it is used. During On-Peak periods, there is the greatest demand on the grid. When you shift energy use (if possible) to Off-Peak or Mid-Peak times, you help reduce strain on the grid.
Beginning January 2014, Small and Medium business customers will transition to Time-Of-Use rates; Small and Medium Agriculture customers will begin the transition in February 2014.
Learn more about TOU for Agriculture and Pumping.
Watch for Updates
If you're affected by these new rates, rest assured, you'll receive a personalized rate analysis in the mail very soon.
Summer Peak Hours for Time-Of-Use
Begins at 12 a.m. on June 1 and continues until 12 a.m. on October 1 each year.
Winter Peak Hours for Time-Of-Use
Begins at 12 a.m. on October 1 and continues until 12 a.m. on June 1 each year.
Cutting Waste & Controlling Use
When you're running a business, every dollar counts. We know that rate increases are tough on business customers, and we want to help. In fact, it's our responsibility. That's why we provide experts to help you you find and eliminate wasted energy, and control your use. Start with the Business Energy Guide.
Note: The lower Off-Peak rate applies on holidays. When any holiday falls on Sunday, the following Monday will be recognized as a holiday. Holidays are New Year’s Day, President’s Day, Memorial Day, Independence Day, Labor Day, Veteran’s Day, Thanksgiving Day, and Christmas.
Have questions about Time of Use? please see our FAQs.