What Are Time-Of-Use Electricity Rates? (TOU)
Shift Your Energy Use and Save
Time-Of-Use (TOU) Pricing is an optional, generation-only rate residential and small commercial customers. Time-Of-Use Pricing offers different supply prices at varying times of the day and week: Here is a sample Time-Of-Use tarriff in the PECO utility territory:
- Peak Weekdays: (2 p.m. – 6 p.m.)
- Off-Peak Weekdays: (6 a.m. – 2 p.m. & 6 p.m. – 12 a.m. )
- Off-Peak Weekends and Holidays: (6 a.m. – 12 a.m.)
- Super Off-Peak All Days: (12 a.m. – 6 a.m.)
(1) Participation requires choosing PECO for your electric supply. If you currently have an agreement with an alternative supplier, check your supplier contract or ask your supplier to see if there are any penalty/switching fees or cancellation fees before switching or cancelling.
(2) Holidays include New Year’s Day, Martin Luther King Day, President’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Day after Thanksgiving, Christmas Day and New Year’s Day Observed.
You could see potential savings on your energy bill by shifting use of electric appliances, such as your washing machine, dishwasher, or air conditioner, EV charging, to times when demand is lower.
Effective March 1, 2024 – May 31, 2024
| Rate Class | TOU Peak Price | TOU Off-Peak Price | TOU Super Off-Peak Price |
| Residential/Residential Heating (R/RH) | $0.30015 | $0.06078 | $0.04163 |
| General Service (GS) | $0.21673 | $0.06042 | $0.03898 |
| Primary Distribution (PD) | $0.21300 | $0.05938 | $0.03831 |
| High Tension (HT) | $0.20427 | $0.05695 | $0.03674 |
The standard PECO rate or price to compare for Residential is currently 9.430 cents per kWh or $ 0.09430, so as you can see if you can only pull from PECO during Off-Peak or Super Off-Peak, you will be saving between 30-65%. How do you avoid the 2-6pm weekday Peak Rates? Simple – Solar and Batteries! Also, If you SELL to PECO during the Peak you get credit for the high rates. Sell high, buy low! This is how you play the electricity rate arbitrage game!
Call or Text Pennstar Solar LLC at 610-900-6405 or hello@pennstarsolar.com to learn more.