TOU rates apply only to the Delivery Charge portion and, for certain TOU customers, the Supply Charge portion of your overall electric
In New York State's deregulated energy market, O&R no longer produces
electricity. Instead, O&R buys the power supply customers need from generating companies
in the open market and then deliver that energy to your home or business.
The cost for your electric supply is shown on your energy bill as the Market
Supply Charge. The cost for O&R's delivery of that electricity is
listed on your bill as Delivery Charge. This is one portion of your bill is where
the TOU rate applies. If you take supply from O&R and are not subject to hourly pricing, your supply charge will also have a TOU component to it. You will be charged two different prices for your peak and off-peak supply requirements. Typically, 53% of the annual residential bill payment
is for Market Supply Charges, with 45% covering O&R's delivery costs
and 2% going to government taxes.
Could I end up paying more on the TOU rate?
Although you may see a slight increase in your summer electric
bills under the TOU rate, the savings you may gain during the eight months of October through
May could help you lower your annual electric costs.
The TOU rate is offered as an incentive to shift your electric use from peak to off-peak
hours — particularly during the summer.
Being on the TOU Rate will require you to make adjustments in your daily routine. If you
don't change your energy usage patterns, you could pay more — or your may come out
about even — on this rate.
So, it's up to you to switch your electric use to the less expensive off-peak hours, especially
for large appliances like dishwashers, air conditioners, electric heating systems, electric
ovens or clothes dryers.
Measuring your energy use on TOU
If you sign up, we'll arrange to install a special TOU meter
at your home. Unlike your current electric meter, the TOU meter records your total kilowatt-hour
consumption, and the meter's computerized clock keeps track of your energy use during
different times of the day and year.
How to sign up
Assistance. If you sign up for TOU, then decide it's not right for you, you can switch
back to the standard rate after a minimum of one year. We'll let you know ahead of time
when your one-year anniversary date is.