Co-op’s Time-of-Day Rate changes Apr. 16

Posted: April 12, 2022 at 9:25 am

As the co-op prepares to adjust its Time-of-Day Rate schedule on Apr. 16, member-owners are encouraged to put the adage of “time is money” to the test by participating.

The rate incentive helps member-owners save on 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 times.

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.

On average, participants save $35 per month in electricity costs when they take advantage of these reduced rates during off-peak times.

Think you can turn time into money?  Call 252-209-2236 and ask about the co-op’s voluntary Residential Time-of-Day Rate service plan.  For a complete list of the co-op’s rate schedules, visit www.roanokeelectric.com/rates