You may be able to control your energy costs by taking advantage of lower nighttime supply rates with our day-night pricing option. If you use at least 1,000 kilowatt-hours (kWh) of electricity per month and 20% of your energy usage occurs during nighttime service hours, you may benefit from our day-night pricing option.
Your monthly bill is affected by the price of energy and the amount of energy you use. Your energy costs include a fixed delivery cost from your utility and the supply cost based on the supply option you have selected. As your energy delivery company, we build and maintain a safe, reliable system to deliver your energy supply to you. The supply charge is what you pay your supplier for the energy you use. If you purchase your supply from us, we pass through the variable market cost without profit or markup. You can also shop for your supply through an energy services company (ESCO) and your supply cost would be determined based on the agreement with your supplier.
What is the day-night rate?
This optional pricing option is available to residential customers who qualify based on your historical energy use and the amount of energy you're able to shift to nighttime hours. On this pricing option electricity is measured and billed for two periods:
- Daytime hours: 7 a.m. - 11:30 p.m. Eastern Standard Time (8 a.m. - 12:30 a.m. Daylight Saving Time)
- Nighttime hours: 11:30 p.m. - 7 a.m. Eastern Standard Time (12:30 a.m. - 8 a.m. Daylight Saving Time)
Will I save money using the day-night rate?
It depends on the amount of electricity you use, when you use it and your supply price.
The delivery cost for this pricing option is the same fixed cost during day or nighttime hours. If you purchase your electricity from us, daytime supply costs are higher than our regular residential rate while nighttime hours offer lower market supply costs when the demand and market cost for electricity is lower. While nighttime supply costs are typically lower than our regular residential rate, they can be higher depending on the market cost and demand for energy during the year.
There is also a higher monthly meter charge, so it's important to review your electricity use carefully before switching pricing options. In general, only those customers who have considerable nighttime usage will benefit.
You can view current and historical electricity pricing for day-night and regular residential pricing options here.
How are day-night and regular residential supply pricing different?
The day-night pricing option uses daily market prices, which means you see a difference in supply costs - higher or lower - on your bill more immediately. Our regular residential pricing option builds in market forecasting and purchasing to help buffer the fluctuations in electricity pricing. The differences in market and forecasted supply costs are then reconciled over several months. This means there are times of the year (think very cold winter months or hot summer months) where both the nighttime and daytime supply costs on the day-night pricing option could be higher than the regular residential pricing option.
What if I purchase my energy from a supplier?
If you purchase your electricity supply from a supplier, it's important you review your agreement with your supplier or ask potential suppliers while you're shopping to determine any cost savings they offer in day and nighttime supply costs.
How do I apply for the day-night pricing option?
If you think you would benefit from the day-night pricing option, please call us at 800.572.1111. Please keep in mind any changes to your pricing option requires a minimum of one year on the new pricing option.
For more information about day-night pricing options, including metering, daylight-saving time, and appliance usage, please read our informational Day-Night brochure.