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The most common rate plan in California (at least with PGE) is a time of use plan. While the daytime rates are less expensive than the evening peak rates, both
by ac29 3y ago
The most common rate plan in California (at least with PGE) is a time of use plan.
While the daytime rates are less expensive than the evening peak rates, both are very expensive compared to just about anywhere else.
- nostrademons 3y agoIt's nowhere near the price differential that wholesale is, though. Last I checked, PG&E charged 62c/kwh at peak, and 52c/kwh off-peak. Back in 2020 it was 29c/kwh peak and 22c/kwh off-peak. That's roughly a 25% difference, but the actual wholesale price is off by several factors.
- bryanlarsen 3y agoIn comparison, Ontario Canada has a 3c off-peak / 29c peak plan.
- rayiner 3y agoHoly shit. Here in Maryland we’re at $0.17 fixed and I thought that was crazy high.