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PG&E offers plans where off-peak rates are substantially cheaper than peak. So, for example, currently Peak rates are 56 cents/kWh while off peak are 25 cents/k
by yumraj 3y ago
PG&E offers plans where off-peak rates are substantially cheaper than peak. So, for example, currently Peak rates are 56 cents/kWh while off peak are 25 cents/kWh.[0]
Not sure if the economics will work out, as in a really long ROI for most people, but even without Solar some of these battery packs can potentially time-shift power for homes, reducing effective rate to be the off-peak rate.
[0] https://www.pge.com/en_US/residential/rate-plans/rate-plan-options/electric-vehicle-base-plan/electric-vehicle-base-plan.page https://www.pge.com/en_US/residential/rate-plans/rate-plan-o...
- hcurtiss 3y ago56 cents/kWh? Wow, that's shockingly high. Where is this? For context, in the Wllamette Valley in Oregon we're presently paying 15.7 cents fully loaded. Absent regulatory charges, it's only about 13.4 cents. People in Oregon would, I think, riot if energy prices quadrupled. Surprised there's not more noise wherever you are (California?).
- yumraj 3y agoBay Area CA at least. Not sure where all, but the link is PG&E, so probably everywhere PG&E serves.
- Scoundreller 3y agoThis is why solar and net zero metering are huge in California. Of course, anyone that can’t install solar really gets destroyed by all this.
- lxm 3y agoIt gets higher. Southern California Edison's (Los Angeles and surrounding counties) top rate is 74c https://www.sce.com/sites/default/files/inline-images/TOU_Rates_TOU-D-5-8PM-Summer-WD_06012023_0.jpg https://www.sce.com/sites/default/files/inline-images/TOU_Ra... Granted, they have other TOU rates that price the same time span slightly cheaper.