Are you looking for ways to decrease your spending on utilities? Do you ever wonder if the time of day really matters when it comes to how much you spend on electricity each month?
Depending on who your electricity provider is, you are most likely on one of the following two types of plans.
The truth is that if you’re under contract for a TOU plan, the time of day affects what you pay for your electricity usage. However, if done strategically you could encounter some savings.
With a fixed rate plan, the time of day doesn’t really matter nor really affect what you pay.
As a general rule of thumb, the best time to consume electricity is early in the morning or late in the evening. That is, when there is low demand for electricity and off ‘peak hours’.
If you want to save more money, try to do most electricity-consuming activities during low demand hours. This includes: Running the dishwasher, washing, or drying clothes and taking showers/ baths.
Peak hours typically fall during the hours of 3 p.m. and 7 p.m. when most families are home from work and school consuming the most electricity.
Besides, waiting for low demand hours to start using the most electricity, it may be important to keep the following easy tips in mind.
Need a reliable electricity provider? Give us a call today: 877-437-7442.
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