So, the network is designed for the maximum demand it might see. In order to get a true understanding of your consumption, you can also go one step further and ask your power retailer for an extract of your last 24 months power usage. Peak times: 7am to 9.30am and 5.30pm to 8pm weekdays. These measure usage for peak times and for off-peak times. We are also restructuring our prices for our residential and general consumer groups to a two-part time of use (TOU) structure (daily fixed price with different volumetric prices depending on the time period when the electricity is used) that has peak time pricing during 7am-11am and 5pm-9pm weekdays and off-peak pricing during other times. As a whole, our lowest power usage is overnight and then peaking a few hours later mid-morning. Your electricity bill. The Off Peak plan allows customers to benefit from cheaper off-peak network and off-peak generation charges. This means at times outside of the winter mornings, the network as a whole is operating below peak demand. Good luck! AGL peak and off-peak electricity times Peak and off-peak electricity times from AGL vary between states: In NSW, off-peak electricity rates are charged from 10pm to 7am. Where can I see electricity prices and rates? Time of Use is the default pricing for the Top Energy and Northpower network areas. It’s similar to Economy 7 (which gives seven hours of cheaper electricity) and is usually linked with night storage heaters. Rinse and repeat. These charges include: Generation charge, Off Peak plan charge, Flick charge, Network charge, Metering charge and Government levies. Firstly, enter your address on our Price Estimate Tool to get an electricity only monthly bill estimate. The lower variable charge(s) compared to the Low Energy User profile means that this profile is usually more cost-effective for higher energy users. This might also be a good time to shop around, see what rates other retailers are offering. To understand how this significantly lower demand can lead to cheaper power at night, we also need to understand how the electricity network is designed and New Zealand’s generation profile. If you are not going to make the most of cheaper power at night and during off-peak periods, then accessing these rates is unlikely to benefit you. University of Otago researchers estimate that economic benefits of up to $100 million could be gained by using household appliances to shift more electricity demand into off-peak hours. Wellington Electricity (Wellington), Marlborough Lines (Marlborough), Nelson Electricity (Nelson City), Mainpower (North Canterbury) network areas: Off-peak times: 10pm to 6am, every day. The opportunity to get cheaper power at night stems from three components of the power industry. The peak period of electricity demand each year is during the colder months of June, July and August. Time Of Use (also known as Flexible or TOU) tariffs have different prices for electricity at different periods of the day. But an Offpeak (All Weekend and Weekdays 11am – 5pm, 9pm – 7am) charge of 6.5c + GST per unit which is very reasonable. Mode 3, 16amp (3.6kW) or 32amp (7.2 kW) fast charging; Time clock and boost button system which allows the charging of the EV to automatically commence during off-peak electricity times/rates. There are 29 different electricity lines companies in New Zealand and unfortunately, they can all set their pricing structures differently. Does my power distribution company offer a night or off-peak tariff? Whether it is Day / Night, Peak / Offpeak / Night or something else. The following snapshot shows a typical day in the life of New Zealand. Interestingly, looking at the Controlled tariff pricing –> the Controlled Peak pricing (17c/unit) is cheaper than Uncontrolled Peak (24c/unit) with Shoulder and Offpeak identical. Auckland (Vector network, United Networks), Thames Valley & Coromandel (Powerco East network), Central Hawke's Bay (Centralines network), Wellington (Wellington Electricity network), Mid Canterbury (Electricity Ashburton network), Invercargill (Electricity Invercargill network). Using Electricity during mid-peak and off-peak service times may lower your electricity bill.If you use at least 35,000 kilowatt-hours of electricity per year our Time-of-Use rate may help you manage your energy costs. Using energy during off peak times can help to reduce your bill. By comparing these numbers to your provider's peak times, you can shift your electricity use accordingly. Easy for them, as they are dealing with 30 minute data for every user. As of 2014, they were 85% owned by Kiwi fund managers. TOU (time-of-use) - different rates for different times of day. Electricity pricing (also referred to as electricity tariffs or the price of electricity) can vary widely by country or by locality within a country.Electricity prices are dependent on many factors, such as the price of power generation, government taxes or subsidies, local weather patterns, transmission and distribution infrastructure, and multi-tiered industry regulation. I have done this a load of times for commercial customers (in particular on the Kapiti Coast) where the cost of the meter change to enable Peak/Offpeak/Night is very small compared to the savings this allows. At times of heavy wind then the hydro generation could be reduced. Then, to see the rates specific to your estimates, click the View Rates button below the summer and winter price estimate. They now have Peak (7:00am-9:30am, 5:30pm-8:00pm), Shoulder (9:30am-5:30pm, 8:00pm-11:00pm) and Offpeak (11:00pm – 7:00am) power usage periods. Peak times: 7am to 9pm weekdays. Take advantage of different "time of use" billing rates from your electricity network. Economy 7 - cheaper electricity at night The Economy 7 cheaper rate period typically falls 7 hours between 10pm and 8.30am, but that period can vary across the country. Typical electricity usage. If a meter change is required, they will need to access your home or business and have a short power outage to replace the meter. Variable rate charge is the cost of the electricity you actually use. and (2) if not, are we able to get our power from another lines company that does offer a night rate? In the instance of a metering contractor arriving to make a change and your existing wiring not being is not up to scratch, they may refuse to make the changes until remedial work is undertaken. Their data capture and billing systems are not modern enough to cope with 30 minute data. Here's an explanation why. But most energy suppliers charge a flat rate for electricity. We can do this by heating hot water cylinders at off-peak times, and through pricing that encourages off-peak electricity use. Before accessing cheaper night rate power or off-peak power, you need to consider the following questions: Have a think about what your day looks like from a power perspective. Typically households use almost 80% of their electricity in the shoulder and off peak periods. My recommendation would be to run the numbers and if it’s worthwhile changing the meter, just suck it up and do it. From there, demand quickly heats up (no pun intended) and hits the daily peak between 8 am and 10 am most days. Here in New Zealand, electricity generation is responsible for approximately 4.4% of our total ... it’s all about off-peak power! The Day / Night rate is a pretty common setup and historically relied upon two separate power meters, one measuring day consumption and one measuring night consumption. To reduce your energy retailer 's peak times, Australia ’ s not – it s. 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