Co-op adjusts Time-of-Day Rate on April 16

Posted: April 14, 2021 at 10:00 am

Roanoke Electric Co-op plans to adjust its Time-of-Day Rate schedule on April 16, to reflect the change in seasons.

On-peak hours, during which member-owners participating in the program are charged a higher rate for energy used, will be 2 p.m.- 6 p.m., Monday-Friday.  All other time periods are considered off-peak, when participants will be charged a lower rate for energy used.

The rate incentive helps member-owners reduce their monthly electric bills by modifying their energy consumption patterns. It encourages participants to do most home tasks, such as laundry and cooking, during the off-peak, lower-rate periods.  Participants save on average $35 per month in electricity costs, when they take advantage of these reduced rates.

The chart below explains the scheduled rate adjustment.

For more information or to enroll the co-op’s voluntary Residential Time-of-Day Rate service plan, call 252-209-2236. For a complete list of the co-op’s rate schedules, visit www.roanokeelectric.com/rates