Guides / Electricity
Time-of-use rates: worth switching?
Cheaper electricity at some hours, more expensive at others.
Some utilities charge different prices depending on the time of day. If you can move laundry, dishwashing and car charging to cheaper hours, a time-of-use plan can save money. If you can't, it can cost more.
Ask your utility
- What are the peak hours and prices?
- What are the off-peak prices?
- Can you show me what my bill would have been last year on this plan?
- Can I switch back if it doesn't work for us?
It suits households that
- Are out during weekday afternoons and early evenings
- Can run the dishwasher and laundry late or early
- Charge an electric car overnight
Plans and availability vary by utility and state. Home Penny Pro isn't paid by any utility, supplier or brand.