Avoiding the energy rush— time of day matters
Did you know that when you use electricity often matters as much as how much electricity you consume?
It’s no surprise that electricity use fluctuates throughout the day based on consumer demand, and electric co-ops must be able to provide enough electricity to meet the energy demands of their members during times of highest energy use, also known as “on-peak hours.”
To reduce peak energy demand and save money, many electric co-ops have created a time-of-day (time-of-use) rate program to encourage electricity use during off-peak hours— when energy is less expensive to provide. Similar to saving money by attending a matinee, you can keep more money in your wallet simply by using electricity during an off-peak time period.
Using less on-peak power means lower costs for SLV REC— and ultimately, lower rates for members.
Electric rates based on time of use offer consumers the ability to lower their electricity costs without reducing the amount of electricity used. By performing some of your daily chores, like running the dishwasher or doing laundry during off-peak hours, you can save on your utility bill. In a similar vein, plug electronic equipment, such as computers, printers, TVs and power tools into a power strip, then turn it off during peak hours.
You can also put technology to work for you. If you have a programmable thermostat, adjust the settings so your heating/cooling system syncs up with the off-peak rate periods. Use automatic timers to run hot tubs, pool pumps, water heaters and other appliances in the same way.
Saving energy can be simple. Remember, by shifting your energy use to off-peak times, you have the power to save on your monthly energy bill. To learn more about why time of day matters, watch a short video by visiting the following link: http://tinyurl.com/TOUmatters.