Save Money on Your Electric Bill by Using a Time-of-Day Rate Plan

When the Electric Choice program first allowed consumers to choose their electricity providers, the media made a big deal about the potential savings for consumers. I called around to several companies but found very little difference in rates. A short time later, I discovered another, less well known method of saving on electricity that doesn’t require the hassle of switching companies: the time-of-day plan.

Many electric companies, including mine (Met-Ed), offer lower rates for the electricity used in off-peak hours to customers who choose this plan. By signing up for a time-of-day plan (which requires a time-of-day meter), we have seen significant savings on our electric bill.

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2 Responses to Save Money on Your Electric Bill by Using a Time-of-Day Rate Plan

  1. Amy F. says:

    Thanks for the tip! I had never heard of this before.

  2. Robert McCann says:

    You blew the time for the off-peak hours. The 9:00 A.M. to 9:00 P.M. (and 8 to 8) are the peak hours. It’s pretty obvious what what was intended.

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