Time-of-use rate
A time-of-use rate is an electricity pricing plan where energy costs vary by time of day, usually charging more during peak demand periods.
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What does Time-of-use rate mean?
A time-of-use rate is an electricity pricing plan where energy costs vary by time of day, usually charging more during peak demand periods.
How does Time-of-use rate affect backup power and energy savings?
This term affects how energy is stored, shifted, backed up, or valued over time. Storage is where solar stops being only a daytime resource and starts behaving like a controllable asset.