The NV Energy Time of Use (TOU) rate provides you with a choice. Customers who are willing to use less electricity during periods when the total demand of energy is highest (the peak), will save money by shifting their usage to times with lower rates. Some could even save 15% off their annual electricity bill if they decide to use less electricity during these peak periods (see charts on right for times).
With Time Of Use, lower your peak usage, lower your bill. The peak is between 1 p.m. and 6 p.m. Monday thru Friday, July through September, and 5 p.m. to 9 p.m. October thru June, when electricity use is greatest. There is an opportunity for additional savings if customers can also reduce electricity usage during mid-peak hours.
If your time schedule allows you to use most of your energy during off-peak hours during the summer, you could save money.
Benefits of the Time-Of-Use Program:
- There’s no risk in trying the TOU program for the first year due to the Guaranteed Lowest Rate* (GLR) feature.
- Shifting your on-peak usage to mid-peak or off-peak will keep your rates down.
- Helps to preserve the environment.
Notice: In order to participate in this TOU Rate program, you must allow NV Energy access to your electric meter. Participation, however, is not guaranteed – you must be pre-qualified.
Guaranteed Lowest Rate (GLR)*
If after the first 12-month period, we find that you have spent more on the TOU Rate than you would have spent on the standard rate, we will refund the difference and restore you to the standard rate (if you choose). In order to receive the annual savings associated with being on the TOU rate, you are requested to remain on the program for a full 12 months.
Rates Effective Oct 1, 2009
| Single Family Domestic Service TOU | ||
|---|---|---|
| Time Period | Definition | Price per kWh |
| Winter On Peak | October 1 — June 30, from 5:01 p.m. to 9 p.m. daily |
$ 0.12633 kWh |
| Winter Off Peak | October 1 — June 30, All other hours |
$ 0.08519 kWh |
| Summer On Peak | July 1 — September 30, |
$ 0.46493 kWh |
| Summer mid-peak | July 1 — September 30, from 10:01 a.m. to 1 p.m. & 6:01 p.m. to 9 p.m. Monday – Friday |
$ 0.26597 kWh |
| Summer Off-Peak | July 1 — September 30, All other hours Monday – Friday and all hours Saturday and Sunday |
$ 0.08519 kWh |
|
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| Multi-Family Domestic Service TOU | ||
|---|---|---|
| Time Period | Definition | Price per kWh |
| Winter On Peak | October 1 — June 30, from 5:01 p.m. to 9 p.m. daily |
$ 0.11791 kWh |
| Winter Off Peak | October 1 — June 30, All other hours |
$ 0.07814 kWh |
| Summer Peak | July 1 — September 30, |
$ 0.45703 kWh |
| Summer mid-peak | July 1 — September 30, from 10:01 a.m. to 1 p.m. & 6:01 p.m. to 9 p.m. Monday – Friday |
$ 0.27197 kWh |
| Summer Off-Peak | July 1 — September 30, All other hours Monday – Friday and all hours Saturday and Sunday |
$ 0.07814 kWh |
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By using the form below and pressing submit, you acknowledge that you have read and understand the program's conditions and are applying for the optional, annual TOU Rate.
- The TOU Rate will become effective on the next full billing cycle after the TOU meter is installed and stay in effect for twelve months.
- NV Energy requires full physical access monthly to this TOU meter.
- All NV Energy rates are subject to change by the Nevada Public Utility Commission.
- NV Energy is authorized to release billing and load information to agents of NV Energy Company for the sole purpose of providing services relating to the TOU Rate program.
- NV Energy guarantees that customers participating in the TOU Rate will not spend more for electricity in the first year billed on the TOU Rate than they would have been billed on the Standard Rate.
Sign Up Here
Saving Energy with Time Of Use
- If your home is generally unoccupied during peak hours, you may experience the greatest benefit from this program.
- Use laundry machines, dishwashers, chargers, and others appliances during off-peak hours.
- During warm months, set your thermostat to 78-80 during peak hours.
- Keep unneeded lights off during peak hours.
- If you have or are considering to add solar generation to your home, you may experience added benefit from this program. You can find more energy saving tips here.