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Time of use rates on electric bill

What are Time of Use Rates, & When Is Electricity Cheapest?

Time of use rates are a kind of electricity billing arrangement in which the price of electricity changes based on the time of day. Also called “TOU rates,” they make electricity more expensive during “peak hours,” when there is high demand, and less expensive during hours of low-demand. Time of use rates are intended to […]

Last modified: April 27, 2020

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