What are Time-of-Use (TOU) rates?
Time-of-use rates refer to electricity prices, which vary based on when electricity is used. That includes by time of day, by day of week (weekdays versus weekend), and by season (winter or summer). TOU rates better reflects the way the electricity market works. Electricity prices rise and fall over the course of the day, and tend to drop overnight and on weekends, based on the amount of supply available and our levels of demand.
