Power companies know your behavior, and they know the behavior of companies. In any country in the world, the peak energy demand will be between sun-up and sun-down. For this example, we will use Georgia Power. Georgia Power has three rate periods: on-peak, off-peak and super off-peak. You can use this information to reduce your electricity bill by investing $0.00.
The On-Peak period is defined as the hours between 2:00 p.m. and 7:00 p.m. Monday through Friday for the calendar months of June through September (Summer Months). The above hours on days in which the following holidays are observed shall be considered Off-Peak: Independence Day and Labor Day.
The Off-Peak period is defined as the hours between 7:00 a.m. and 11:00 p.m. for weekends, holidays, and the calendar months of October through May. The Off-Peak period for the calendar months of June through September (Summer Months) is defined as the hours between 7:00 a.m. and 2:00 p.m. and the hours between 7:00 p.m. and 11:00 p.m. Monday through Friday.
The Super Off-Peak period is defined as the hours between 11:00 p.m. and 7:00 a.m. Monday through Sunday for all calendar months.
Knowing this simple information can save you money. All you have to do is slightly modify your behavior. The appliances that will consume the most energy in your home will include your air conditioning, washer/dryer, and refrigerator. If you have children at home during the summer time, you will pay more to keep them comfortable.
To save money using this rate schedule, make some sacrifices during the daytime and splurge at night. You can do things such as performing activities at night that requires a lot of electricity: iron, wash and dry clothes, etc. If you have to run your air conditioner during the daytime, increase the temperature threshold for your thermostat and run ceiling fans. While you are at it, you could increase insulation and plant tall trees.