Time-of-Use Rates

Peak & Off-Peak Hours

Off-Peak Hours

  • Summer off-peak times are weekdays after 7 p.m. and before 2 p.m.
  • Winter off-peak times are weekdays 8 p.m. to 6 a.m. and 9 a.m. to 5 p.m.
  • Weekends are always off-peak
  • The following holidays – or the weekday they are observed if they fall on a weekend – are off-peak: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day

Peak Hours

  • Peak times during the summer are weekdays, 2 to 7 p.m.
  • Peak times during the winter are weekdays, 6 to 9 a.m. and 5 to 8 p.m.
Summer May through September chart. On peak hours between 2 to 7 p.m.
Winter October through April chart. On peak hours: 6 to 9 a.m. and 5 to 8 p.m.

How Much Would I Save on the Time-of-Use Rates?

Residential customers and some commercial customers can log in to Account Manager to review their personalized information. Our system will do a behind-the-scenes calculation based on your energy use data (how much energy you used and when you used it).

The calculation estimates costs based on your current routine, and we will tell you if you can expect to save on a TOU rate or not. If you can shift energy use from peak periods to off-peak periods, you may save even more.

The Time-of-Use rate comparison calculator is not available for SMECO members who have solar panels and participate in our net metering program, and it is not available for all commercial accounts.

Off-Peak Savings Rate for Residential Customers

(As of January 1, 2023)

  • Summer $0.07442 per kilowatt-hour (kWh)
  • Winter $0.07794 per kWh

Peak Weekday Rate for Residential Customers

(As of January 1, 2023)

  • Summer $0.16569 per kWh
  • Winter $0.16004 per kWh

Switching from SOS to TOU

You can change your rate from SOS to TOU or from TOU to SOS.

To find out when your next billing period starts, check your “next approx. read date” on your bill (second page, top right).

How Do I Switch Rates?

  • To switch from an SOS rate to a TOU rate (or from TOU to SOS), call SMECO or use the Time-of-Use Sign Up form located further down the page
  • Your new rate will begin with your next meter reading date and will remain in effect until you request a new rate
  • You must have a smart meter to select a TOU rate option

How Often Can I Switch Rates?

  • You can select your rate for any billing period, but you can only be on 1 rate during a billing period
  • Billing periods begin and end with meter reading dates
  • Your meter reading dates are printed at the top of the second page of your bill

What If I Have a Second Home or Weekend Home?

  • If you’re only at your house on weekends, your service qualifies for the TOU or SOS rate
  • Weekends are always off-peak

What If I Have a Shed, Barn, Pier, or Boat Slip?

  • If your shed, barn, pier, or boat slip is on a residential rate, your service qualifies for the TOU or SOS rate
  • Weekends are always off-peak

Am I Required to Purchase Energy From SMECO?

Sign Up for Time-of-Use Rates

If you select TOU, the new rate will go into effect with your next meter reading date. The next bill you receive after that date will show your kWh usage, along with the TOU rate, during on-peak and off-peak periods for your billing period.

For example, if you sign up for a new rate on February 4, and your meter reading date is on February 9, your new rate will appear on your March 9 bill.

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Non-Residential Time-of-Use Rates

General Service Non-Demand

  • Summer, off-peak: $0.07857 per kWh
  • Summer, on-peak: $0.16419 per kWh
  • Winter, off-peak: $0.07018 per kWh
  • Winter, on-peak: $0.13683 per kWh

General Service Demand

  • Summer, off-peak: $0.07596 per kWh
  • Summer, on-peak: $0.11414 per kWh
  • Winter, off-peak: $0.07798 per kWh
  • Winter, on-peak: $0.10152 per kWh
  • Demand, all seasons and time periods: $5.57 per kW

Large Power

  • Summer, off-peak: $0.07477 per kWh
  • Summer, on-peak: $0.11204 per kWh
  • Winter, off-peak: $0.08108 per kWh
  • Winter, on-peak: $0.10525 per kWh
  • Demand, all seasons and time periods: $5.67 per kW

Transmission

  • Summer, off-peak: $0.08395 per kWh
  • Summer, on-peak: $0.15821 per kWh
  • Winter, off-peak: $0.05143 per kWh
  • Winter, on-peak: $0.07409 per kWh
  • Demand, all seasons and time periods: $0.09 per kW