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What is the difference between today’s electricity prices (Regulated Price Plan Two-Tiered Prices) and Regulated Price Plan (RPP) Time-of-Use Pricing?

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What is the difference between today’s electricity prices (Regulated Price Plan Two-Tiered Prices) and Regulated Price Plan (RPP) Time-of-Use Pricing?

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RPP two-tiered prices are based on averaging the more expensive (weekday daytime) and less expensive (night-time and weekend) prices of electricity. Time-of-Use pricing better reflects what it costs to produce electricity at different times of the day and week. With Time-of-Use pricing, you’ll have a new way to help manage your electricity use (and costs), reduce the strain on the electricity system, and help the environment.

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