There have been recent posts outlining many utilities removing the inducement to use TOU metering. I don't use it; I live in western TN where electricity is relatively cheap. Interestingly (to me at least), I just discovered my local utility does support TOU charging, but it doesn’t look very inviting.Here’s the comparison ——
Standard Residential rates, not TOU, per kWh
First 2000 kWh, remnant:
Summer: $0.06771, $0.07625
Winter: $ 0.06480, $0.07334
Transitional period: $0.06309, $0.07163
So, basically 7 cents per kWh
Time Of Use:
On peak, off peak
Summer: $0.11784, $0.05652
Winter: $ 0.08092, $0.05637
Transitional period: $0.005518
Essentially, we grant them the ability to nearly double our charge to 12 cents per kWh summer on peak in exchange for them giving us a discount for everything us of roughly 1 cent per kWh.
Anyone think this is a good deal?
Standard Residential rates, not TOU, per kWh
First 2000 kWh, remnant:
Summer: $0.06771, $0.07625
Winter: $ 0.06480, $0.07334
Transitional period: $0.06309, $0.07163
So, basically 7 cents per kWh
Time Of Use:
On peak, off peak
Summer: $0.11784, $0.05652
Winter: $ 0.08092, $0.05637
Transitional period: $0.005518
Essentially, we grant them the ability to nearly double our charge to 12 cents per kWh summer on peak in exchange for them giving us a discount for everything us of roughly 1 cent per kWh.
Anyone think this is a good deal?