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 February 1, 2022)

  • Summer $0.05955 per kilowatt-hour (kWh)
  • Winter $0.06864 per kWh

Peak Weekday Rate for Residential Customers

(As of February 1, 2022)

  • Summer $0.14285 per kWh
  • Winter $0.14782 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: $0.06941 per kWh
  • Summer, on-peak: $0.16578 per kWh
  • Winter, off-peak: $0.06695 per kWh
  • Winter, on-peak: $0.14944 per kWh

General Service Demand

  • Summer, off-peak: $0.04665 per kWh
  • Summer, on-peak: $0.07662 per kWh
  • Winter, off-peak: $0.05297 per kWh
  • Winter, on-peak: $0.07411 per kWh

Large Power

  • Summer, off-peak: $0.04499 per kWh
  • Summer, on-peak: $0.07392 per kWh
  • Winter, off-peak: $0.05566 per kWh
  • Winter, on-peak: $0.07726 per kWh

Transmission

  • Summer, off-peak: $0.06360 per kWh
  • Summer, on-peak: $0.12111 per kWh
  • Winter, off-peak: $0.04644 per kWh
  • Winter, on-peak: $0.06908 per kWh