Why Time-of-Use Rates Tripled Your Electric Bill
Time-of-use rates are transforming electricity pricing, leading to tripled bills for households that consume power during peak periods. Utilities promote these rates to promote efficiency and renewable integration, yet many consumers experience significant financial pressure. Gaining insight into usage patterns, rate structures, and solutions such as solar installations, battery storage, and demand shifting proves crucial for regaining control over energy expenses.
By Sheldon Stevens
5 min read
