Time of Use Rate for Small and Medium Businesses Now Available
We’re excited to announce that our Time of Use (TOU) rate option for customers with services on Small and Medium Business rates is now available! Just like the residential TOU rate, this optional rate encourages shifting electricity use away from peak hours, giving your business more ways to manage costs and support a cleaner, more resilient grid.
How the TOU Rate Works
With TOU, when you use electricity affects how much you pay. Electricity costs more during peak hours (from 5 to 9 PM), when demand is highest, but it will cost less during other times.
By shifting some electricity use to off-peak hours, you can reduce your bill. Plus, you’ll help make our power grid more efficient.
Our TOU rate has three pricing periods:
- Peak hours (most expensive): 5 to 9 PM, Monday through Saturday (excluding observed holidays).
- Mid-peak hours (moderate pricing): 6 AM to 5PM and 9 PM to midnight, Monday through Saturday. On Sundays and holidays, mid-peak pricing lasts all day (6 AM to midnight).
- Off-peak hours (least expensive): Midnight to 6 AM, every day.
Why is City Light Introducing a TOU Rate?
The TOU rate:
-
Offers greater choice and control over your energy bill.
If your business has flexibility, shifting some energy usage out of peak times may help lower your bill. -
Helps reduce utility costs by shifting use away from higher-cost peak times.
Reducing demand during peak periods supports resilient infrastructure and helps avoid costly upgrades. -
Supports clean energy goals.
When more people shift some electricity use to off-peak times, it’s easier to meet our energy needs with our hydropower dams and other renewable resources, improving our energy sustainability.
While the TOU rate may not suit every business, you may be surprised at the ways your business could benefit and save.
Introducing Energy Insights for Businesses
Launching alongside the new TOU rate is our Business Energy Insights tool. Energy Insights offers a personalized experience built to help small and medium businesses use energy smarter:
- Personalized energy usage dashboard. Track when and how much energy you use throughout the day and week.
- Compare rate options. See personalized bill estimates for each available rate to easily compare costs.
- Sign up for a new rate. If the TOU rate looks like a good fit for your business, you can sign up. For more information about how to sign up, visit our commercial TOU page.
- Find energy tips and resources to help you get the most out of your rate.
The Energy Insights tool gives you what you need to make informed energy decisions for your business and conveniently compare plans in one place.
How to Get Started
Getting started is easy! Follow these steps:
Learn More
Are you interested in seeing how TOU could work for your business? Explore Energy Insights and consider what changes you can make to your energy habits!
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