Our time-of-use (TOU) rate gives you the potential to save money by using less energy when demand for electricity is high, or during on-peak hours. Alternately, this rate plan encourages you to shift your use of electricity when demand is low, or during off-peak hours, by paying less per kilowatt hour (kWh) than our standard energy usage charge.
This billing option is not for everyone. It is ideal for those who can avoid using high wattage appliances during on-peak hours. This includes stoves, dishwashers and clothes dryers. Automating your water heater with a timer and your HVAC system with a programmable thermostat to limit how much these systems run during peak hours are also helpful if you choose this billing option.
To apply for the rate, give us a call at 252.247.3107. You are not required to sign up for the new rate; it is simply a new billing option available to CCEC members interested in reducing energy costs.
Note: The TOU rate is best suited for year-round residents whose monthly usage is at least 1,500 kWh. It is not available for members on our PrePay program or Equalizer payment plan
On-Peak Demand Charges:
Maximum On-Peak kW $ 11.84/kW
TOU Energy Charge:
All kilowatt hours (kWhs) 4.39¢/kWh*
*Compared to our standard residential energy charges of 9.98¢/kWh June-Oct; and 9.01¢/ per kWh November-May.