TOU or Time-of-use rates is a solar billing rate structure system and statewide initiative. TOU rate plans are based on rates that vary depending on energy demands at different times of the day, seasons, days of the week and holidays. All solar energy customers must choose a TOU rate schedule plan.
Time-of-use rate plans can help solar energy users save money. TOU plans were created to give solar customers more control and help them select the best energy rate option. TOU plans also help people be more mindful of their energy usage, keep track of energy costs and help home energy efficiency.
Solar customers will be charged more during peak times of energy usage and demand. When customers use energy outside of peak times such as 4 pm – 9 pm, their energy billing will automatically be lower. TOU pricing rates are predetermined and do not have daily adjustments to energy market demands.
Time of use plans used together with Net Energy Metering (NEM) help solar energy customers get a solid return on their solar investment. Net energy metering tracks electricity usage and levels of unused electricity. Solar customers who take advantage of both of these energy tracking systems save green while going green.
SDGE has some great information for those who want to know more about time of use, such as the video below.
Sungenia’s recommendation to energy customers is to find your ideal rate based on your unique household lifestyle. Sungenia’s team has found that almost all residences will find the most savings using TOU-DR, (Summer rates from 24.6¢ – 35.4¢ and Winter rates 24.5¢ – 26.3¢). Feel free to contact us if you’re unsure of the rate that will best suit your home.
Sungenia’s mission is to make the solar process as simple and honest as possible, provide the best solution, and to make as many happy friends as we can.