A new smart electric meter was installed on my home over a year ago. This month, time-of-use pricing for electricity usage goes into effect. Smart Meter

A smart meter records and automatically sends back electricity consumption information to our hydro utility. Consumption is recorded on an hourly basis. Apparently my bill will show high and low periods of use.

The rate charged for our electricity usage will vary by the time of day and day of the week. The most expensive rate is during peak hours. Mid-peak is slightly less costly with off-peak being the lowest rate.

The peak and mid-peak hours vary depending on the time of year. There are separate rate schedules for winter and summer.

As an example, weekends and holidays are off-peak. On-peak, the highest rates, are from 11:00 am to 5 pm during the summer. These are the current time-of-use price periods.

The system is designed to create the incentive to shift some tasks to non-peak times. Each time this happens, it helps to sustain our natural resources and reduces the energy bill of the homeowner.

I won’t know until I receive my bill, when the peak periods were. I doubt I’ll remember I did a load of laundry on Tuesday during peak hours. I’d prefer an immediate read out. So if I turn on the dryer, I’d see a spike in usage. Then I can delay the drying, hang things outside, or decide to move laundry time.

It will be interesting to see if the time-of-use pricing has the desired affect.Get Involved

Filed under: Green Home