Time of Use (ToU) charges are a pricing strategy designed to encourage energy customers to use power during off-peak times, when energy is typically cheaper. These charges provide consumers with flexible billing tied to supply and demand.
ToU charges vary depending on the time of day and the season, so it’s important to understand how they work to optimise your usage and minimise your costs.
In general, energy is more expensive during peak periods when demand is high. By shifting your energy usage to off-peak times, you can take advantage of energy rates that are up to 40 percent cheaper. With planning, and if your business uses a lot of power, you could make substantial savings by taking advantage of lower off-peak rates.
Many businesses are now turning to ToU energy plans to take advantage of lower energy rates during off-peak hours. However, ToU plans can be complex, and it can be difficult to know how to best take advantage of the lower rates.
ClearVUE.Zero’s intelligent energy management software platform provides businesses with the data they need to make the most of ToU energy plans. The software helps businesses plan and strategise the best approach for maximum cost efficiency. As a result, businesses can save money on their energy costs. With ClearVUE.Zero, businesses have the information they need to make informed decisions about their energy use, and they can be confident that they are getting the most out of their ToU energy plan.
Register for a free on-site energy efficiency survey
ClearVUE.Business understands that this is a difficult time for businesses of all sizes. To help businesses reduce their operating costs, we are offering a free 1-day site energy efficiency survey. Our team of experts will identify areas where your businesses can improve their energy efficiency and employ no-cost efficiency improvements within their operations. We believe that by helping businesses save money on their energy costs, we can help them weather this storm and emerge stronger than ever before.
If you think your business could benefit from a free energy efficiency survey and want to reduce costs, please fill out this short questionnaire. Our team will then be in contact.