SVEC’s TOU rate is based on the time of day you use electricity and our cost of supplying electricity to you during that time. If you use electricity when the total used by all SVEC’ members is low (off-peak) your rate will be lower than the standard rate. On-peak hours or electricity used during periods of high demand will cost more than the standard rate.
TOU rates provide you with a choice to lower your electricity costs without reducing the total amount of electricity used. By shifting electricity use off-peak, we can avoid the need to build new generation plants. In addition, off-peak use will allow our current facilities to operate more efficiently, reducing your electricity costs even more.
As an optional rate, applicable for non-residential purposes with demands less than or equal to 100 KW for at least 9 months within the preceding 12 billing months. Customers, who voluntarily elect to be served under this tariff, must remain on this tariff for a minimum of 12 months.
All energy consumed during On-Peak Hours shall be deemed On-Peak Energy. All energy consumed in hours not designated as On-Peak shall be deemed Off-Peak energy.
During the months of April through October, On-Peak Hours are designated as weekdays between the hours of 12pm to 9pm EPT.
During the months of November through March, On Peak Hours are designated as weekdays between the hours of 6am to 10am EPT and 6pm to 10pm EPT.
Notwithstanding above, all hours during the following holidays shall be deemed Off-Peak;New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. In the event a holiday occurs on a Saturday or Sunday, the adjacent weekday shall be deemed Off-Peak.