PG&E's Options with TOU Rates!
While we know that the Time of Use transition for the Valley has been pushed back a few months, we want to make sure that when the time comes our communities are prepared and educated on the rate options available to them. There are two specific Time of Use available to PG&E customers, please see below and find out which one would be best for your household.
Option 1: Time of Use (Peak Pricing 4-9 p.m. every day) E-TOU-C
How it works:
· The price you pay changes based on the time of day
Peak (higher price) – 4 p.m. to 9 p.m. every day
Off-Peak (lower price) – before 4 p.m. and after 9 p.m. every day
What it means for you:
You can save money if you can reduce your energy usage overall and especially during the higher-priced (peak) hours.
Small shifts can make a difference
Prices are lower on your new rate plan for 19 hours a day because that is when demand is lower and renewable resources, like solar power, are most plentiful. Changing when you use some electricity will help California make progress toward its clean energy goals.
Bill Protection for Time-of-Use (Peak Pricing 4–9 p.m. Every Day) (E-TOU-C)
Time-of-Use (Peak Pricing 4–9 p.m. Every Day) (E-TOU-C) rate plan comes with Bill Protection for the first 12 months for eligible customers. If you pay more during your first year on the Time-of-Use (Peak Pricing 4–9 p.m. Every Day) (E-TOU-C) rate plan than you would have on the Tiered Rate Plan (E-1), PG&E will credit you with the difference at the end of the first 12 months. If you decide you are not satisfied on this rate plan, you can switch to another rate plan at any time. Bill Protection will still apply for the time that you were on the Time-of-Use (Peak Pricing 4–9 p.m. Every Day) (E-TOU-C) rate plan.
Option 2: Time of Use (Peak Pricing 5-8 p.m. weekdays) E-TOU-D
This rate plan offers lower prices during periods of the day when energy costs are lower—before 5 p.m. and after 8 p.m. on weekdays and during all hours on weekends and most holidays.
How it works:
· The price you pay changes based on the time of day, the day of the week, and the season:
Peak (highest price) – 5 p.m. to 8 p.m. Monday through Friday (except most holidays)
Off-Peak (lowest price) – before 5 p.m. to 8 p.m. Monday through Friday and all hours on weekends and most holidays
Eight months (October through May) have lower prices than the four months of summer (June through September).
Unlike the Time-of-Use Rate Plan 4-9 p.m., there is no Baseline Allowance on this rate plan.
What it means for you:
· You have the opportunity to save money if you can reduce your energy usage overall and especially during the higher-priced (peak) hours.
This Time-of-Use rate plan (E-TOU-D) may be more attractive for higher energy users, because the price of electricity is lower than E-TOU-C once your monthly electricity usage exceeds the Tier 1 amount (Baseline Allowance).