If your Tucson Electric Power bill is shockingly high this summer, it might be worth looking at switching to a rate that rewards you for shifting your power usage.The vast majority of TEP’s residential customers are on the company’s basic rate plan, which features a $13 monthly service charge plus tiered, usage-based summer and winter rates.But the company also offers rate plans that can save customers money if they can apply a little discipline to when they consume power, limit their monthly power demand peaks, or both:TEP’s residential Time-of-Use (TOU) plan offers a lower monthly service charge of $10 and discounts for using power during off-peak hours. For example, the usage-based energy charge during the summer on-peak hours of 3 to 7 p.m. weekdays is just over 14 cents for the first 500 kilowatt-hours of usage but that drops to about 10.6 cents during off-peak hours on weekdays, and all weekends and major holidays.The company’s Peak …
See the full Housing Inventory article, or, read more Arizona real estate investing news. Up to you! Either way, you’re on your game!
