Off-peak rate and hours can vary depending on your location and utility. With that, off-peak hours are also when electricity prices are the cheapest. In contrast to peak (or ‘on-peak’) electricity hours, off-peak hours are when electricity demand and consumption are at their lowest. To find out your exact peak electricity hours for your Time of Use plan, you should contact your utility company. Remember, these are the standard time periods. When you’re using the most electricity, it’s likely that your neighbors are as well.Īs a reference, here are the standard peak periods in different time zones. Energy usage patterns among a community are usually pretty consistent. Timings: When are peak electricity hours?Įstimating the peak electricity hours in your area can be as easy as looking at your own usage patterns. The premium you pay for using electricity during peak hours will depend on your utility company, and the specific rate plan you have opted for. During these hours you will experience what is known as ‘peak pricing.’ Peak pricing is where customers pay an additional fee during periods of high demand. Peak electricity hours are also when the cost of electricity is at its highest. The specific hours that qualify the peak hours are not the same everywhere they can vary depending on where you live, and the time of year. All rights reserved.Peak electricity hours are a certain time of day at which energy consumption is at its highest. FINDENERGY is a comparison and research website that does not directly offer any energy related products.Ĭopyright © 2022 - 2023 Find Energy LLC. All trademarks remain the property of their respective owners, and are used by FINDENERGY only to describe products and services offered by each respective trademark holder. This data is not always in agreement with annually released government data due to differences in calculation methods and time periods. Additionally, this data is compiled using known ownership relationships between power plants and electricity providers, while some of these relationships remain unknown. These 12 month periods may vary from provider to provider and from power plant to power plant, as some entities are required to report on a rolling monthly basis others report on an annual basis. Unless otherwise noted, all data is a compilation of the most recent 12 months of government released data. The company does not have ownership in any electricity production facilities and all of the power that they sell to their consumers must be purchased wholesale from other companies.ĭisclaimer: The data displayed on this page may be incomplete or incorrect. Lumbee River EMC is the 2646th ranked supplier in the nation for average monthly bill total. The nationwide average monthly residential power bill is $ 131.84, while the Lumbee River EMC average is 20.48% more at $ 158.83 per month. Their revenue in 2021 from electricity activities was $ 151, 381, 400, with 96.62% coming from retail sales to end users. They purchased 1, 420, 516 megawatt hours on the wholesale market. The electricity they sourced was made up of megawatt hours that they procured via the wholesale electricity market. They sold 1, 360, 524 megawatt hours in 2021 via retail sales. Lumbee River EMC bills their consumers a residential electricity price of 11.55 cents per kilowatt hour on average, which is 0.50% below the average state rate of 11.61 cents. These accounts are made up of 0.03% industrial properties, 4.11% commercial locations and 95.86% residential properties. There are a total of 64, 046 customers who are receiving service from the provider. Lumbee River EMC is headquartered in Pembroke, North Carolina and supplies electricity in 4 counties in the state.
0 Comments
Leave a Reply. |