Time of Use Rate
Responsible energy management benefits you.
With Claverack’s optional Time-of-Use (TOU) rate, you have control over the price you pay for electricity. By choosing to operate appliances off-peak (when rates are cheaper), you may realize substantial savings.
During the off-peak hours, the TOU rate is approximately one half of the cost of the regular residential rate. During the on-peak hours, the TOU rate is approximately 50% more than the regular residential rate.
The rule of thumb for saving money by using this rate is to use at least 70% of your electricity during the off-peak periods. The more electricity you shift to the off-peak period, the more you save. If you use less than 70% of your electricity off-peak, the rate will actually cost you more than the regular residential rate.
With the TOU rate, you are responsible for your energy management. Most members who use this rate have hard wired timers installed for water heaters, and use appliance timers for plugged in equipment.
They also ensure tools, dryers, dishwashers, heaters and other high use items are only used during off-peak periods. Remember, time control devices without battery backup will need to be reset after a power outage.
The time schedule for the TOU program is as follows:
Weekends: Friday 9pm to Monday 7am
Click here for TOU Rates as of 1/1/2019
If you think the TOU rate may work for you, ask yourself these questions.
- Do the off-peak hours for using my electricity fit my lifestyle?
- Do I have electric heat?
- Do I have an electric water heater, dehumidifier, dryer or other high energy use items that I could control?
There is no cost to switch to this program, although the monthly service charge for this meter is a few dollars more than a standard meter. Members who wish to switch to the TOU rate should call the office to speak with a member services representative.
Responsible energy management benefits you and all members of your cooperative.
The TOU rate is only available to residential members and the hours and rates for this program are subject to change (with notification). The TOU rate is unavailable to members with interconnected distributed generation systems.