We’ve moved most of our residential and small business connections onto Time of Use price plans. These price plans more closely reflect the cost to provide power during different times of the day.
Traditional electricity meters only record the amount of power you are using, but not the times that it is being used. Time of Use pricing takes advantage of newer ‘smart’ electricity meters that have been installed across the WEL Networks area. These new meters are capable of recording how much power is used at different times during the day.
For WEL Networks area, we group these times into three periods: Peak, Shoulder and Off-Peak with a different price for each period.
Learn more here.