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I rely on electric heat and air conditioning and I believe that Time-of-Use prices will increase my bill significantly – what can I do about that?

April 26, 2017air conditioning believe electric heat increase prices significantly time-of-use

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I rely on electric heat and air conditioning and I believe that Time-of-Use prices will increase my bill significantly – what can I do about that?

1 Answer

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Bill impacts associated with Time-of-Use prices are dependent on when you use appliances and equipment. To the extent that appliances are operated 24 hours a day 7 days a week (e.g., electric heat), there should be minimal or no bill impact given that there are more off-peak than on-peak hours over a 7 day period. The actual breakdown of on-peak/mid-peak/off-peak hours is 40/30/98 in the winter and 30/40/98 respectively in the summer.