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Time-Of-Use Pricing

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Wonder what time-of-use (TOU) really is? We’ve got a definition for you.

Q: What is Time-Of-Use (TOU)?

A: Time-Of-Use (TOU) pricing is a variable rate structure that charges for energy depending on the time of day and the season the energy is used. With TOU rates, your bill amount will be determined both by when you use electricity and by how much you use*.

*U.S. time-of-use is described in terms of on-peak, off-peak and mid-peak. U.K. time-of-use is commonly described in terms of amber, red and super red.

To learn more about managing your utility data, contact an Urjanet specialist.

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