Posted On: Monday, May 1, 2017
Households and small businesses that buy their electricity from their local utility will see their electricity prices go down starting May 1 2017.
Summer time-of-use changes May 1, 2017.
In summer, electricity use peaks during the hottest part of the afternoon, when air conditioners are running on high. On-peak hours are during the middle of the day, 11 a.m. to 5 p.m. No matter which season we’re in, the cheapest prices are in effect all day on weekends and holidays.
The times and rates for when time-of-use prices apply during the summer (May 1 to October 31) are:
Off-Peak: 7.7 ¢ / kWh from Monday to Friday 7pm to 7am and all day weekends & holidays;
Mid-Peak: 11.3 ¢ / kWh from Monday to Friday 7am to 11am and 5pm to 7pm;
On-Peak: 15.7 ¢ / kWh from Monday to Friday 11am to 5pm.
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