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January 14, 2011

Saving More Money by Knowing About Peak Hours

If that sounds a bit like Greek to you, allow me to explain.

The electric company charges you for using energy, right? Well, they have determined when on & off peak hours are (in other words, when people are using a lot of electricity and when they aren't).

The numbers below are just an example of what one energy company charges. To find out what your company charges and their determined hours are, you need to call or visit their website.

So, for this particular company, their rates are as follows:

On-Peak Charge: 4.703¢ per kWh
Off-Peak Charge: 4.501¢ per kWh

Yes, it's just parts of pennies, but, when you spend your day doing laundry, including diapers (and cooking, and charging various electronics around the house and so on and so forth, it can add up!)

So, when are these hours? Here's where it gets a smidge confusing -

Service used beginning at 12:00 midnight March 31 and ending at 12:00 midnight September 30: The on-peak hours are defined as the hours between 12:00 noon and 8:00 p.m., Monday through Friday, excluding holidays considered as off-peak. So do your big electric draining things before noon and after 8pm.

Service used beginning at 12:00 midnight September 30 and ending at 12:00 midnight March 31: The on-peak hours are defined as those hours between 6:00 a.m. and 1:00 p.m., Monday through Friday, excluding holidays considered as off-peak. During these months, if you're up before 6am, go for it! Otherwise, wait til 1pm and later.

The off-peak hours in any month are defined as all hours not specified above as on-peak hours. All hours for the following holidays will be considered as off-peak: New Year's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and the day after, and Christmas Day. When one of the above holidays falls on a Saturday, the Friday before the Holiday will be considered off-peak; when the holiday falls on a Sunday, the following Monday will be considered off-peak.
That is EIGHT days where you can save more money!

So, if you are interested in saving some more money while you cloth diaper, see what your energy company has to say about their rates!

5 comments:

Beth @ Sand To Pearl said...

That's crazy stuff. I'm going to change up my routine, every penny counts, and they add up, FAST!

Terra Jones said...

Isn't it amazing?!

April G said...

Good to know! I just checked my electric company's website and it looks like off peak hours are 7pm - 11am ...works great with our schedules!! :-)

Thanks!!!

nwkent25 said...

I actually did know about this. when we lived with my husband's parents for a short period of time I always washed diapers late and my father in law would always harass me about it and I would always have to tell him I was actually saving him money. =)

Ivy said...

Yea, they did that in California where I lived. But, with the electric company I am with now is a flat rate that I sign up for. I am currently getting .0981 per k/wh. Of course, we have several different electric companies to choose from where I am. When I lived in LA, it was only one. SLC only had one as well. Good luck girls! I know how hard changing schedules is.