What is the difference between peak and off peak?
What is the difference between peak and off 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.
When can I return on an off-peak ticket?
Off-Peak Return tickets are valid for return travel within one calendar month from the start date shown on the ticket and until 04:29 in the morning after last day of validity.
What does peak mean when buying tickets?
Peak fares are charged during business rush hours on any weekday train scheduled to arrive in NYC terminals between 6 a.m. and 10 a.m. or depart NYC terminals between 4 p.m. and 8 p.m.
Why is off-peak cheaper?
Off-peak electricity hours are periods when the electricity demand is low, which results in consumers paying lower electricity prices. During these times, utilities and electric companies don't have to pay as much to generate electricity because people are using less energy overall.
Does Off-Peak Return mean anytime?
Not to be confused with Off-Peak Day Returns, the Off-Peak Return ticket requires you to make the outward part of your journey on the date shown on the ticket. The return part of your journey, however, can be completed on any day on an Off-Peak train within one calendar month of the ticket's issue date.
How does peak and off-peak work?
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.
Can I use an off-peak ticket at peak time?
Railroad fare types. These are valid for 60 days, including the date of sale. Off-peak tickets are subject to an additional surcharge, payable to the conductor, if used on a peak train.