What is Time of Use?
Any homeowner or renter knows how costly an electric bill can be, and that electricity is used at different points in the day. Unsurprisingly, utility companies charge more for energy consumption during peak hours (4pm - 9pm) than say, from 1am - 3am. For those families who don’t want to resort to eating dinner by candlelight, homeowners are left with no choice but to pay these peak costs. This is referred to as Time of use, and it favors utility companies far more than it favors homeowners.
TIME OF USE RATE PLANS
How Home Battery Impacts Time of Use
With a home battery, homeowners take control of their energy consumption and eliminate the need to purchase power from your local utility company. A home battery is in-home energy storage that is charged via renewable energy sources like solar, and can save homeowners thousands of dollars a year in monthly utility bills.
Most utility companies charge higher rates in the evening when solar is not producing energy any longer. Homeowners who invest in home batteries can store energy throughout the day to offset the peak rates for time-of-use. While the solar energy stored during the day may not always be enough to last late into the evening, it will dramastically lessen the need to consistently buy power during peak hours from utility companies.
How Can I Purchase a Home Battery?
Treeium is the leader in the remodeling, energy, and design industry and is now offering home battery services to customers!
For more information on home battery, eco-friendly remodels, and solar energy services, visit www.Treeium.com or call 1-855-833-8733.
Posted February 18, 2020
by Treeium Inc..