The dollar amount that you may potentially save varies among members. The more electricity you shift to off-peak times, the more money you save. A group of 56 members have already tried out this rate for a year.
The average reported savings over the standard rate during the pilot program were:
- Electric heated homes: 10% savings
- Gas heated homes: 7% savings
- Geothermal heated homes: 11% savings.
The TOU rate was designed to offer savings to members that use 75% or more of their total electricity usage off peak.