My expiriment with time of day pricing for electricity is ending
soon. It looks like it was an expiriment for the electric company too.
The time of day pricing program ends at the end of 2024.
Right from the start the electric company told me I would save money during the Winter, but I would lose some of those savings during the
Summer. That has proven to be correct. Over the past year I saved $55 on
time of day pricing. That's pretty good for the less than 5 minutes of
work it took to change my pricing model. If I could get more of that
sort of work I would make over $660 an hour in savings. As I said
before, the easiest way to make money is by not spending it.
They have been telling me I could change my pricing model anytime I wanted to. That isn't completely true. I can go back to standard pricing anytime, but if I do that I can't return to time of day pricing for a
year. They closed open enrollment at the beginning of the year. After
2024 PGE will not be offering time of day pricing to residential
customers. Last year I started losing money on time of day pricing in
May. This year I will return to standard pricing at the end of March and pocket my savings.
TB
My expiriment with time of day pricing for electricity is ending
soon. It looks like it was an expiriment for the electric company too.
The time of day pricing program ends at the end of 2024.
Right from the start the electric company told me I would save money during the Winter, but I would lose some of those savings during the
Summer. That has proven to be correct. Over the past year I saved $55 on
time of day pricing. That's pretty good for the less than 5 minutes of
work it took to change my pricing model. If I could get more of that
sort of work I would make over $660 an hour in savings. As I said
before, the easiest way to make money is by not spending it.
They have been telling me I could change my pricing model anytime I wanted to. That isn't completely true. I can go back to standard pricing anytime, but if I do that I can't return to time of day pricing for a
year. They closed open enrollment at the beginning of the year. After
2024 PGE will not be offering time of day pricing to residential
customers. Last year I started losing money on time of day pricing in
May. This year I will return to standard pricing at the end of March and pocket my savings.
TB
In article <_hfQN.385489$[email protected]>, [email protected] says...
Subject: Re: Time of day pricing - the final chapter
From: bfh <[email protected]>
Newsgroups: rec.outdoors.rv-travel
Technobarbarian wrote:
My expiriment with time of day pricing for electricity is ending
soon. It looks like it was an expiriment for the electric company too.
The time of day pricing program ends at the end of 2024.
Did they give a reason for why they're ending it?
They didn't say. My guess is that this was an expiriment to see
how much they could cut peak demand and they didn't cut it enough to pay
for what it cost them.
Originally they told me that if I continued to use electricity the
way I had been using it I would save around $30 a year, with all the
real savings during the Winter. On Sundays and late at night I pay
almost nothing for electricity. The rest of the time I pay a premium
over the regular residential rate and the premium is higher during peak
use hours. The biggest problem in all of that for me is that, like many people, I'm frequently not home for most of Sunday. I shifted the load a
bit, but most of my savings was because of our regular use pattern and a
rate increase. IOW I don't think I helped them cut peak demand by a significan't amount, and they know this from their records.
I plan to be in Seaside this Sunday. I had hoped to be digging for razor clams early Monday morning, but it looks like it's going to be too
wet for that. The clams tend to hide out during rain storms. Ah well,
it's the coast and the beaches. We'll find something to do.
TB
On 4/6/2024 1:01 PM, Technobarbarian wrote:
In article <_hfQN.385489$[email protected]>, [email protected] says...
Subject: Re: Time of day pricing - the final chapter
From: bfh <[email protected]>
Newsgroups: rec.outdoors.rv-travel
Technobarbarian wrote:
My expiriment with time of day pricing for electricity is >>>> ending
soon. It looks like it was an expiriment for the electric company
too.
The time of day pricing program ends at the end of 2024.
Did they give a reason for why they're ending it?
They didn't say. My guess is that this was an expiriment to see >> how much they could cut peak demand and they didn't cut it enough to
pay
for what it cost them.
Originally they told me that if I continued to use
electricity the
way I had been using it I would save around $30 a year, with all the
real savings during the Winter. On Sundays and late at night I pay
almost nothing for electricity. The rest of the time I pay a premium
over the regular residential rate and the premium is higher during peak
use hours. The biggest problem in all of that for me is that, like many
people, I'm frequently not home for most of Sunday. I shifted the
load a
bit, but most of my savings was because of our regular use pattern
and a
rate increase. IOW I don't think I helped them cut peak demand by a
significan't amount, and they know this from their records.
I plan to be in Seaside this Sunday. I had hoped to be digging >> for
razor clams early Monday morning, but it looks like it's going to be
too
wet for that. The clams tend to hide out during rain storms. Ah well,
it's the coast and the beaches. We'll find something to do.
TB
So, the "experiment" failed.
In article <uus7h0$28ku4$[email protected]>, [email protected] says...
On 4/6/2024 1:01 PM, Technobarbarian wrote:
In article <_hfQN.385489$[email protected]>, [email protected] says... >>>> Subject: Re: Time of day pricing - the final chapter
From: bfh <[email protected]>
Newsgroups: rec.outdoors.rv-travel
Technobarbarian wrote:
My expiriment with time of day pricing for electricity is ending
soon. It looks like it was an expiriment for the electric company too. >>>>> The time of day pricing program ends at the end of 2024.
Did they give a reason for why they're ending it?
They didn't say. My guess is that this was an expiriment to see
how much they could cut peak demand and they didn't cut it enough to pay >>> for what it cost them.
Originally they told me that if I continued to use electricity the
way I had been using it I would save around $30 a year, with all the
real savings during the Winter. On Sundays and late at night I pay
almost nothing for electricity. The rest of the time I pay a premium
over the regular residential rate and the premium is higher during peak
use hours. The biggest problem in all of that for me is that, like many
people, I'm frequently not home for most of Sunday. I shifted the load a >>> bit, but most of my savings was because of our regular use pattern and a >>> rate increase. IOW I don't think I helped them cut peak demand by a
significan't amount, and they know this from their records.
I plan to be in Seaside this Sunday. I had hoped to be digging for
razor clams early Monday morning, but it looks like it's going to be too >>> wet for that. The clams tend to hide out during rain storms. Ah well,
it's the coast and the beaches. We'll find something to do.
TB
So, the "experiment" failed.
That depends on your point of view. It worked great for me. I saved enough money for a very nice dinner with very little effort. That is
about what I expected. I really don't know whether or not the power
company got anything out of the deal.
TB
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