Save Money
Maximize Your Savings with Time-of-Use (TOU) Rates
Time-of-Use rate plans are an option to help you save money on your electric bill by offering lower energy rates when energy demand is low.
As a distribution cooperative, Tipmont purchases power from wholesale providers and distributes it to our members. That wholesale power is purchased at on-peak and off-peak rates.
Tipmont’s system usage tends to peak between 2 and 8 p.m. During that time, Tipmont’s wholesale power costs are higher. Our Time-of-Use rate offers our members the same structure as an option to pay lower rates by shifting usage away from peak times.
OVERVIEW
Understanding Time-of-Use Rates
Tipmont’s TOU rates are based on the time of day you use electricity and our cost of supplying electricity to you during that time. If you use electricity when the total used by all Tipmont members is low (off-peak), your rate will be lower than the standard rate. On-peak hours — or, periods of high demand — will cost more than the standard rate.
Shifting the bulk of your energy use to off-peak times can reduce your monthly energy bill.
SHIFT YOUR USE AND SAVE
On-Peak and Off-Peak Rates
The cost of electricity increases during peak times when usage and the cost of generating electricity are the highest. If you shift your electric usage to off-peak times, we can pass along the savings with a lower kWh charge in the Time-of-Use rate. Off-peak times include all weekends, most holidays, and weekday hours except 2 p.m. to 8 p.m.
| Description | Effective May 22, 2024 |
| Service Charge | $38.00 |
| On-Peak kWhs | $0.2537 per kWh |
| Off-Peak kWhs | $0.0825 per kWh |
For more details, please download Tipmont’s rate tariff.
RATE SCHEDULE
Hours and Holidays
On-Peak Hours are defined as Monday – Friday, 2 – 8 p.m. Eastern Standard Time excluding the following holidays:
Maximize Your Savings
Call Member Service at 800-726-3953 to start maximizing your savings with Time-of-Use rates.
