Shift your use, save some cash

Harrison REMC’s time-of-use rate option can help you save more

Posted on Sep 02 2022 in Harrison REMC

Harrison REMC has been offering a time-of-use (TOU) rate option since 1988. The TOU rate is more reflective of wholesale energy costs, which are determined by two factors: an energy charge and demand charge. 

The REMC’s wholesale costs are low when the demand for energy decreases (off-peak) and the costs are higher when demand increases (on-peak). The TOU rate reflects the REMC’s 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.

Starting this year, the TOU rate has been revised to include an additional “Super Off-Peak” rate.  This new rate will help incentivize members to use electricity at an even lower cost time. This “Super Off-Peak” period is from 11 p.m. to 5 a.m. every day of the year on the TOU rate. This rate is great for members who have electric vehicles or are considering an electric vehicle and could program their EV to charge on the very low rate, as well as set other household appliances to run during that time to save money.

Members who sign up for this rate and expect to save money will need to be able to shift their electric use into the off-peak hours, by making lifestyle changes such as adjusting the thermostat a few degrees, changing times for drying clothes and running the dishwasher to off-peak hours. When you use other household appliances will also become a top priority. To the left is a list of peak demand offenders from worst to least and a breakdown of off-peak and on-peak hours.  

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