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TOU is a residential electric rate that provides customers with an opportunity to save money by shifting some of their electric usage to specific times of the day. TOU also helps to lessen the electricity load during peak usage periods to avoid incremental construction on the power grid, which will help reduce future costs for all customers.

TOU is a three-tier rate that charges different prices for electricity depending on the time of day that it is used. Electricity used off-peak and mid-peak is charged at lower rates, while electricity used during on-peak hours is charged at a higher rate.

The TOU rate provides a number of benefits:

• It provides electric customers with an opportunity to save on energy costs by shifting some routine tasks to times when electricity is less expensive.
• It gives electric vehicle (EV) owners the opportunity save by charging their cars off-peak overnight, when electricity is least expensive.
• When there is less energy use during peak hours, the electric grid runs more efficiently and we can avoid additional upgrades, which would drive future cost savings for all customers.

The more electric use that customers can shift to off-peak and mid-peak hours, including weekends, the more everyone can save.

No. TOU will only be available to residential customers with a smart meter installed at their home.

Yes. You must be a residential customer with a smart meter installed at your residence. If you do not have a smart meter, you can call 908-425-3020 to make an appointment to have one installed at no additional cost.

Switch from the current Residential Standard (RS) electric rate to the TOU rate. If, after the first 12 months, you do not realize savings compared to the RS rate, we will automatically credit your account for the difference. You can also switch back to the RS rate at the end of the 12 months.*

* Current Residential Load Management (RLM) rate customers can switch to the TOU rate. If they do not realize savings after the first 12 months, we will automatically credit their account for the difference. However, they cannot switch back to RLM at the end of 12 months, they must switch to the RS rate.

Customers who are enrolled in the RLM rate can switch to TOU if they prefer, but it is not mandatory.

Yes, but with one important distinction. If you decide to switch from the RLM rate to the TOU rate and do not realize a savings after the first 12 months, we will automatically credit your account for the difference. However, you will not be able to switch back to the RLM rate. You must either remain on the TOU rate or switch to the Residential Standard (RS) rate.