How it Works
Here’s how the Time-of-Use Rate SGS-TOUE program works.
Under the Duke Energy Time-of-Use Rate SGS-TOUE program, you pay a higher on-peak rate during specific times of the day when demand for electricity is high, a shoulder rate for medium-demand hours, and an off-peak rate during the rest of the time – when demand for electricity is lower.
You could save money IF you can shift some of your electric-use away from peak electric use periods. The more electric-use you shift away from on-peak and shoulder hours, the more money you could save.
How SGS-TOUE Rate works:
In the cooling season, on weekdays, from April through September you pay the on-peak rate from 1 p.m. to 6 p.m.; a shoulder rate from 11 a.m. to 1 p.m. and from 6 p.m. to 8 p.m.; and pay an off-peak rate during the remaining hours in the day, including weekends and holidays. In the heating season, on weekdays, from October through March you pay the on-peak rate from 6 a.m. to 9 a.m.; shoulder rate from 9 a.m. to noon and 5 p.m. to 8 p.m.; and pay off-peak rate during the remaining hours in the day, including weekends and holidays.
The more you shift your electricity-use away from on-peak and shoulder hours the more money you can save.
How do savings get measured? If your business does not already have one of our state-of-the-art digital electric meters, we’ll install one, free of charge. Digital meters differentiate between on-peak, off-peak and shoulder hours. Reduce and shift your electric-use to save money through less use at a lower kWh rate.
If you are interested in participating, click the sign-up button or call us.
For questions call 866.582.6345