Time-of-Use Tariff
A time-of-use tariff charges different rates for electricity depending on the time of day it's consumed, typically higher during peak demand periods.
Definition
A time-of-use (ToU) tariff varies the per-unit price of electricity based on the time of day, typically charging more during peak demand periods and less during off-peak hours. ToU tariffs are designed to incentivise shifting consumption away from grid peak periods.
Why It Matters
Under a ToU tariff, when energy is consumed matters as much as how much — making load profile visibility essential to managing cost effectively.
How ecolyptus Helps
ecolyptus's load profile analysis helps identify opportunities to shift consumption into lower-cost periods under a time-of-use tariff.