What are off peak hours?
What are off peak hours? In general, off-peak hours are all hours outside of 4 p.m. to 9 p.m. Various energy pricing plans can have “super off-peak” time periods that offer even lower prices. Peak hours: Hours of the day that have high energy demand resulting in higher prices. Peak hours are 4 p.m. to 9 p.m. everyday.
What is off and on peak?
Many utility companies use Time-Of-Use rates to increase peak pricing when electricity is in high (peak) demand, helping to reduce the strain on the power grid. In turn, this incentivizes customers to use more electricity during periods of low demand (off-peak) when electricity prices are lower.
What is the cheapest time of day to do laundry?
The answer to when to do laundry to save money Most people will see that they have a lower tariff overnight, usually between 11 pm and 7 am. This is the best time to do your washing as you'll save money. Saving money on electricity is only part of the equation.
Is 4pm off-peak?
On-peak hours are between 4pm and 7pm because more energy is used at that time. As a result, more energy needs to be produced so energy costs more, while during off-peak hours less energy is used and it costs less.