Electricity consumption is measured in kilowatt-hours (kWh), that is, how many kilowatts you consumed for how long.
Electricity usage peaks between mid-afternoon and early evening. Many utilities offer time of day (also called time of use) rate plans that reward customers for minimizing electricity use at peak times.
Businesses may have the option to pay for their power according to their peak usage (demand) rather than simply by the kilowatt-hours consumed. Demand-based rate plans encourage customers to avoid spikes in electricity usage.
Most utilities offer customers a choice of rate plans but you must contact them to change your plan. If not, you will be assigned to the default rate plan.
Electric prices are usually higher in the summer than in the winter due to increased demand for electricity to run air conditioners.
In states where the electricity market has been deregulated, you may have a choice of electricity suppliers. Alternate electricity providers may offer better prices or rate plans than the local utilities.
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