Is It Right For You?
With the Time-Of-Day rate, the price per kilowatt-hour (kWh) is dependent on the time of the day that you purchase it. This rate is intended to give PPEC members a financial advantage when they shift their usage to low demand (off-peak) hours. The number shows the price per kilowatt-hour using the Time-Of-Use rate.
On-peak Energy $0.20382/kWh
Off-peak Energy $0.05757/kWh
The time that kilowatt-hours are purchased at the on-peak price is 2PM– 8 PM, Monday through Friday. During this time you will purchase kilowatt-hours at $.20382. Off-peak is all other times, including the entire weekend and holidays. This rate is $.05757/ kWh.
Why Is The Time-Of-Day Rate Important To You?
There are two reasons this rate is important. First of all, electricity costs more to produce during on-peak hours, consequently, PPEC pays more for electricity purchased during that time. The more usage we can get our members to shift to the morning, evenings and weekends (off-peak), the less we pay and that benefits everyone.
The second reason the Time-Of-Day rate is important is that most people who choose to go on this rate can save money. BUT YOU WILL HAVE TO CHANGE THE WAY YOU USE ELECTRICITY. How much you change – by shifting your usage to off-peak hours – will directly affect how much you save on your electric bill.
How Will The Time-Of-Day Rate Affect You?
First, you need to determine what appliances and equipment in your house use the most electricity…in general, this would be things that heat or cool. Some high use items include electric water heaters, space heaters, air conditioners, electric clothes dryers, electric ranges, hot tubs/saunas, waterbeds, welders, and pool pumps. Being on the Time-Of-Day rate means you must decide what can be shifted to off-peak hours.
Here are a couple of suggestions:
- Your electric water heater can be shut off during on-peak hours by putting it on a timer.
• Wait until after 8 PM to use your dishwasher, clothes washer, or dryer.
• If you have an electric range, cook large meals on the weekend and just reheat them during the week.
YOU WILL ONLY SAVE MONEY IF YOU ARE WILLING TO SHIFT LOAD TO OFF-PEAK HOURS.
How Do You Sign Up For The Time of Day Rate?
Contact our office and ask to speak with Member Services Manager, Renee Boss. Our office number is 1-800-686-2357. Here are some other terms and conditions:
- This rate will apply until the member notifies PPEC and requests a change to a different rate.
If after the first twelve months you decide this rate does not work for you, contact our office. After terminating the Time of Day rate, a member will be ineligible to renew this rate for a minimum period of one year.
- Once PPEC receives notification you would like to switch to the time of day rate, your account will be switched to the time-of-day rate at the beginning of the next billing period.