Friday, October 10, 2008

Saving On The Electric Bill

I saw an episode on Oprah this week where a woman said she lowered her electric bill from $264 a month to $60 a month. She said the main thing she did was to unplug everything when not in use because these "phantom charges" really add up.

Then I read about using most of your appliances mostly during off peak hours as there is a big price difference between peak time and off peak time. So, I looked up the prices for my electric company and here is what I found:

Peak Hours:

January 1—March 8: 8:00 a.m. to 9:00 p.m.
March 9—April 5: 9:00 a.m. to 10:00 p.m.*
April 6—October 25: 8:00 a.m. to 9:00 p.m.
October 26—November 1: 7:00 a.m. to 8:00 p.m.*
November 2—December 31: 8:00 a.m. to 9:00 p.m.

Distribution Charge
Peak Hours
Off-Peak Hours
Transmission Charge 1.256¢/kWh
Transition Charge
Peak Hours
Off-Peak Hours
Demand Side Management Charge 0.250¢/kWh
Renewables Charge 0.050¢/kWh

So, seems like it could make a real impact if I did laundry and such either early in the morning or late at night.

Going to give it a try.