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Time Advantage - Energy Plan

How does the Time Advantage – Energy Rate Plan work?

With the Time Advantage – Energy Rate Plan, you save money based on the time of day that you use electricity. We can generate electricity for a lower cost per kilowatt hour during evenings, nights and weekends. These savings can be passed on to you during these lower cost periods.

Look at the Time Advantage price periods below to see which time periods can give you the most savings.

Economy Pricing Hours – 7.5359 cents, Winter Peak Hours – 9.5359 cents, Summer Peak Hours – 27.5359 cents

90% of the hours in a year fall under economy pricing.

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How to Save Money Using Time Advantage – Energy in Summer Months

For the summer months of June, July, August, September:

To save money during the summer months, you will want to shift energy use to economy pricing periods (7 p.m. to 1 p.m.) where the price for electricity is 7.5359 cents per kWh.  This means you will want to decrease energy usage during the weekday peak hours in the afternoons from 1 p.m. to 7 p.m. The peak price during these hours is 27.5359 cents per kWh. Minimize your electricity use during this time and save money by taking advantage of the economy pricing periods as much as possible.

Use the six tips below to shift energy usage during the summer months:

  1. Set your programmable thermostat to 78-80 degrees.
  2. Use ceiling fans to cool your home to cut down on your use of the air conditioner when you are home.
  3. Use a timer on your water heater.
  4. Avoid using major appliances like the washing machine, dryer and dishwasher.
  5. Use a timer on your pool pump to turn it off.
  6. Pre-cool your home in the morning before 1 p.m. and use fans during the peak hours.

Even if you are using your electricity at home during the peak periods, you can still save on your bill by utilizing these tips, when you consider energy costs over the entire year. However, you can achieve the most savings by curtailing energy use of the five major appliances in your home during the peak period.

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How to Save Money Using Time Advantage – Energy in Winter Months

For the winter months of January, February, March, November, December:

To save money during the winter months, you will want to shift energy use to before 5 a.m. or after 9 a.m. during the economy pricing periods where the price for electricity is 7.5359 cents per kWh. This means you will want to decrease energy usage during the weekday peak hours in the mornings between 5 a.m. and 9 a.m.

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Save Money Using Time Advantage – Energy

All weekends throughout the year are priced at the economy rate of 7.5359 cents/kwh.

In April, May and October, also known as transition months, you will receive all your energy at 7.5359 cents/kwh. However, there are opportunities during the other winter and summer months to save money and energy with the Time Advantage - Energy Rate Plan.

Did You Know?

Water heating is the second largest energy expense you have in your home, accounting for 14-18 percent of your energy bill.

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