Public demand for power is greatest between 2PM-9PM... "PEAK DEMAND HOURS".
If you can reduce your usage from 7 a.m. to 11 p.m. on weekdays, and 3 p.m. to 7 p.m. on weekends and holidays, this rate plan may be best for you. Single meter for your home and EV charging. The price per kilowatt-hour varies depending on the time. Avoid charging during peak hours.
Solar allows us to sell high and buy back low.
We bank electricity into PG&E grid from 7AM-9PM weekdays. This is when the sun is shining and electricity rates are higher.
We are CREDITED real value at Time Of Use rates when we over-produce.
WEEKDAYS: Summertime Rates introduced March 1st, 2019:
When are the WEEKEND PEAK HOURS?
3-7PM PEAK @ 51 cents /kWh
everything else on weekends and holidays is off peak.
Less than 15 per cents kWh is our net buy back rate between 11PM-7AM.
This includes 2 cents for NEM2 Non-Bypassable Charges
Even if you DO NOT charge your EV at home, solar + EV Rate Plan is a huge advantage:
Time Of Use EV Rate Plan:
Energy produced from solar is typically FAR LESS COSTLY
than renting electricity from a 100 years old grid.
Buy the energy back cheaper at night or winter.
SELL HIGH and BUY BACK LOW:
Winter Rates July 2019
Above is referring to July 1st, 2019.
All rates subject to change.