Save Money with a Time of Use Meter
1.Get a time of use meter from your utility company even if you don’t have solar panels on your rooftop. With the TOU meter, the utility company will charge you different rates for different times of the day
2. In the daytime during summer they charge the most. If your house is unoccupied during the daytime, you will be selling electricity to your utility company at that super high rate and getting billed at the lower evening and weekend rates.
3. You can go one step ahead and make our planet green by purchasing an electric vehicle (EV) car. Once you get an EV, call your utility company and request them to put you on another plan which is even better. It is called TOU-EV billing.
These provide you with even lower rates from 8 a.m. to 2 p.m. and 8 p.m. to 10 p.m. You can charge your car, and also run your major appliances on a delayed start during off-peak hours.
4. As an example, refer to the table below showing Southern California Edison rates for TOU-EV as of January 1, 2016. During the day when most people are at work, rates are 48 cents per kWh, so you can consume mostly during off-peak hours, at just 31 cents per kWh.
TWO-TIERED TOU-EV RATES
|SUMMER (June – September)||WINTER (October – May)|
(2 p.m. – 8 p.m.)
|48 cents/kWh||28 cents/kWh|
(8 a.m. – 2 p.m. and 8 p.m. -10 p.m.)
|31 cents/kWh||28 cents/kWh|