What is Progress Energys Time-of-Use (TOU) rate?
Progress Energy replaces your present meter with a special meter that tells how much energy you use and when you use it. You reduce your bill by shifting your electric use to off-peak periods and staggering the use of major appliances (such as your electric water heater, dishwasher and dryer) during on-peak hours. You are charged a lower rate for electricity used during off-peak periods. The times and length of on-peak hours differ for residential and nonresidential customers and by season.
