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Interesting. I also don't have AC nor do I ever exceed tier 1 pricing. I thought time of use would be much more beneficial for someone who gets into tier 2 pric
by icedistilled 6y ago
Interesting. I also don't have AC nor do I ever exceed tier 1 pricing. I thought time of use would be much more beneficial for someone who gets into tier 2 pricing if they can shift their use away from peak hours, making all their power at the cheapest rate. Right now my tier 1 cost is $0.21/kwh, the TOU plans are $0.25/kwh off peak, $0.5/kwh peak, but there is a $0.08/kwh credit for within tier 1 usage. Mathed out it's still more expensive.
- rconti 6y agoouch! And, of course, even if TOU was cheaper when I switched, that doesn't mean it doesn't become unfavorable next time rates change. We're grandfathered into a plan that gives us peak hours of 1-7pm where the new plans are 4-9pm peak. This works great for us with solar, because we make huge generation credits in that 1-4pm range when nobody's home to use power. (or, nobody WAS home before COVID). And we start our evening energy usage after 7pm as we return home from work + outdoor 'after work' activities. The 9pm end for peak hours would definitely hurt us. OTOH, we have an EV now, so even charging off-peak at, say, 18c is relatively expensive vs the really cheap EV plans that give you good overnight rates. We've got an 11.5kW charger so I'd really love a stupid-cheap rate between, say, 2-4am. But if we switch to an EV plan, the costs go up the rest of the day. Another perverse thing I've found; your net metering credits under NEM2.0 are on a per-month basis. This is AWESOME in the summer when we generate solar credit at more than 2x the 'value' as we burn them charging the car at off-peak.. but in the winter, when we don't generate much, we get into tier 2 pretty damn quickly.