A time-of-use (TOU) rate allows you to lower electric bills without reducing power consumption, as long as you are able to shift electricity use to off-peak times when the demand for electricity is lower. With TOU rates, you pay a lower rate for off-peak use and a higher rate for peak period use. To benefit, you must shift electricity use away from these on-peak hours, Monday through Friday:
*Excludes New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day
A contract rate may allow qualified customers to save money by moving to a different rate and agreeing to be charges a minimum demand plus energy use. If you are currently on the GS-1, non-demand rate, and use between 8,000 and 10,000 kWh per month, this could be an option for you.
If either of these options interest you, please contact us at 1-800-225-5797.
Also, learn more about business programs and resources that can help you save money and use energy more efficiently.