Introducing Optional Pilot Program for Time-of-Use Rate

When everyone uses electricity at once, demand and costs rise. Reducing peak demand can benefit both your household and the cooperative. 

The kitchen lights flip on. The coffee maker hums. Breakfast is made. Lunches are packed.

Image
family in kitchen in the morning

It’s a familiar morning hustle-and-bustle. Most of us use more energy at the same times — early morning and early evening. That shared routine puts pressure on the electric grid and increases the cost Boone Power pays for the power we deliver to you during those hours.

We’re introducing an optional pilot program to reduce overall demand for electricity and give members more control over their energy bills.

WHAT DOES TIME-OF-USE MEAN?

Beginning Aug. 1*, Boone Power will offer an optional time-of-use pilot program to those on the General Service rate (This is the rate most residential members are on) in which the price of electricity varies by when you use it. 

• On-peak (7–9 a.m., 4–7 p.m.) = highest cost
• Off-peak (most daytime and evening hours) = lower cost
• Super off-peak (11 p.m.–5 a.m.) = lowest cost

Instead of paying the same rate all day, members on this optional plan can save money by shifting some energy use to lower-cost times. Under our general service rate, which most residential members are on, you pay $0.12445 per kilowatt-hour (kWh) consumed.

If you choose to enroll in the pilot program, you will be charged $0.27117/kWh during on-peak hours, $0.08667/kWh during off-peak hours, and $0.07167/kWh during super off-peak hours.

HOW CAN THIS OPTIONAL RATE HELP MEMBERS SAVE?

The key to making the time-of-use program beneficial is small adjustments. That busy kitchen scene? Morning might not be the best time to run the dishwasher or start a load of laundry.

For members who are home during the day, like those who are retired or regularly work from home, midday can be a beneficial time to tackle bigger energy tasks — such as laundry or more energy-intensive cooking — and adjust the thermostat when demand is lower.