How are gas and electricity priced?
Unless you are enrolled in an energy time-of-use program, you are billed for electricity and natural gas at one rate, 24 hours a day. That means the electricity that you use at 4 p.m. costs exactly the same as electricity that you use at 4 a.m. The gas you use to cook at your stove costs exactly the same as the gas that heats your hot water.
What is Time of Use Pricing?
Time of Use Pricing (TOU) provides BGE with information on the time of day that your energy is consumed. By utilizing TOU pricing, you can shift your electricity usage to hours where electricity costs the least, thereby lowering your total bill.
This is an option for all Residential customers and Commercial customers who have monthly demand less than 60 kW. Larger commercial customers are automatically enrolled in TOU pricing.
How Does it Work?
TOU rates are based on the amount of energy you use and when you use it. Your rate will vary according to the time of day or night, and day of the week, and season of the year. Under TOU pricing, there are three different prices for three different periods:
Summer: weekdays 10 a.m. - 8 p.m.
Winter: weekdays 7 a.m. - 11 a.m. and 5 p.m. - 9 p.m.
Summer: weekdays 7 a.m. - 10 a.m. and 8 p.m. - 11 p.m.
Winter: weekdays 11 a.m. - 5 p.m.
Summer: weekdays 11 p.m. - 7 a.m.
Winter: weekdays 9 p.m. - 7 a.m., Saturday, Sunday, major holidays
If you purchase your electricity from a different supplier, BGE’s generation and transmission Time-of-Use rates do not apply. Please check with your supplier for their rates. You may be able to obtain TOU rates from them.
Call 800.685.0123 to find out more information and determine if Time-of-Use rates will benefit your bottom line.
For More Information
Once enrolled in the program, a customer is obligated to stay in it for one year. After a year customers can return to standard service if they wish. Current rates can be found under Standard Offer Service Rates.
Schedule RL is the optional TOU residential schedule and schedule GS is the optional TOU small commercial schedule.