Harrison REMCs time-of-day rate (TOD) is designed for consumers who are able to shift more of their electricity use to lower demand or off-peak periods. This rate more accurately passes along the real-time cost of electricity. Electrical energy is more expensive during periods of high demand and less expensive when demand is low. You can save money on your electric bill by choosing the TOD rate and shifting electricity use to lower demand time periods. The TOD rate reflects wholesale energy costs, which are determined by an energy charge and a demand charge.

The REMCs wholesale costs are low when the demand for energy decreases (off-peak) and higher when demand increases (on-peak). The TOD rate reflects the REMCs wholesale costs associated with these on-peak and off-peak periods. Shifting energy use to periods of low demand will reduce our power costs and allow us to pass the savings on to you. On-peak hours account for only 9% of hours in a year.

The TOD rate also includes an additional super off-peak rate. This new rate will help incentivize members to use electricity at an even lower cost. This Super Off-Peak period is from 11 p.m. to 5 a.m. every day of the year on the TOD rate. This rate is great for members who have electric vehicles or are considering one. They could program their electric vehicle to charge during this lower-cost time and set other household appliances to run during that time to save money.

Members who sign up for this rate may need to shift their electric use to off-peak hours by making lifestyle changes, such as adjusting the thermostat a few degrees and drying clothes or running the dishwasher during off-peak hours to save money. When you use other household appliances will also become a top priority.

To sign up, or if you have questions, call the office at 812-738-4115 or 812-951-2323.