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Is There A Cheaper Time To Use Electricity. Peak rates are charged between 4pm and 8pm Monday to Friday. As well as during nights and weekends.
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The cheapest time to use electricity should be when almost nobody is using the energy. Although different utility companies vary when they charge more or less for electricity in general the peak hours and therefore the most expensive rates will be during the busiest part of the. As well as during nights and weekends.
There are also daily off-peak periods when electricity usage is lower making the cost of producing electricity less expensive.
This is all Monday through Friday. The cheapest time to use electricity on a standard tariff is between the off-peak hours that your energy supplier offers reduced rates if they do at all. Electricity prices are typically lower early in the day overnight and on the weekends Bills may be higher during the summer but overall annual energy costs can be lower The new TOU 4-9PM and 5-8PM plans offer. Peak rates are charged between 4pm and 8pm Monday to Friday.