Call now

What Are Time-Of-Use Rates?

Written by Faith Foushee/

Edited by Hannah Hillson

Last updated 12/6/2023

Get an estimate of solar cost and savings at your home.

Why trust SaveOnEnergy?

Learn More

At SaveOnEnergy, we work to offer accurate information with editorial integrity. Our partners do not direct our editorial content, though we may reference their products in our posts. Read more about how we make money.

Key Points

  • Time-of-use (TOU) rates are an electric plan pricing structure incentivizing customers to use electricity at less demanding times of the day.
  • Rates are more expensive when electricity demand is higher.
  • You can save money on energy bills if you track and plan your energy usage.

Ready to go solar? Call 877-307-7668 to be connected with a solar expert today!

Solar energy by state

Is solar right for your home?
Get an estimate of solar cost and savings at your home.