3888 Stillwell Beckett Rd Oxford, OH 45056
Time of Day Rate
TIME OF DAY RATE
If you don’t have an electric vehicle or would like the incentives of a special rate, a time of day rate is available to residential members.
This rate is perfect for:
- Energy savers who are willing to modify behavior to maximize savings.
- Members who are willing to shift their energy use away from peak hours.
- Those able to shift the use of appliances like dishwashers and clothes dryers to off peak hours and are willing to reduce their air conditioning and hot water use during on peak and critical peak hours.
To qualify for the time of day rate:
- You must agree to be on the Time of Day rate for a minimum of 12 months.
Time of Day Rate
Off-Peak Charge: Generation and Transmission portion is variable rate only.*
On-Peak Charge: Non-variable rate plus 1.5 cents per kWh.
On-Peak Demand Charge: $2.86 per kW. No demand charges for off peak electric use.
Critical-Peak Charge: Non-variable rate plus 13.9 cents per kWh.
*There is no additional charge to the distribution energy portion of your bill. The distribution energy portion will be billed at a reduced rate.
Time of Day Schedule:
Off Peak - 10 p.m. to 6 a.m.
On Peak - 6 a.m. to 10 p.m., excluding critical peak times
On Peak Demand - 6 a.m. to 10 p.m.
Critical Peak - 2 to 6 p.m. weekdays June through September, excluding July 4 and Labor Day
The generation and transmission portion of your bill is made of two components – the non-variable and variable rates. The non-variable rate is based on the wholesale power cost from Buckeye Power and is reconciled monthly. The variable rate includes charges that fluctuate from month to month like fuel costs.
EV Rider and Time of Day Rate FAQ
Disclaimer: The September 2024 bill is on the time-of-day rate with the critical peak information and the September 2023 bill shows the same month before getting on the time-of-day rate. These are examples and every home is different.
September 2024 Bill (On TOD Rate)
September 2023 Bill (Not on TOD Rate)
EV Rider Bill example with critical peak.
EV Rider Bill example with no critical peak.
Time Of Day
Off Peak: Electricity used between 10 p.m. and 6 a.m. every day, when electricity is in lowest demand. This is the least expensive time to use electricity.
On Peak: Electricity used between 6 a.m. and 10 p.m. every day, excluding critical peak times. This is when electric use is typically higher in demand.
On Peak Demand: Demand is the amount of electricity drawn from our electric system at a given time and is measured in kilowatts. This charge reflects the maximum 60-minute demand for the month measured from 6 a.m. to 10 p.m. every day. On peak demand can occur during on peak and critical peak times.
Critical Peak: Electricity used between 2 to 6 p.m. weekdays June through September, excluding July 4 and Labor Day. This is during the time when electricity is in highest demand and is most expensive.
