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[deleted] t1_j689cng wrote

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BillDStrong OP t1_j69lpec wrote

Going by your second edit's breakeven formula, I would save over 800 a year on the ET plan.

The TOU plan seems custom made for solar installs, especially with batteries. With solar providing a large part of usage during the day and charging the batteries while the batteries are charged at night to shift the price.

I just don't see hoe that rate is better than the ET rate, unless the distribution is calculated differently.

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[deleted] t1_j69yxsl wrote

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BillDStrong OP t1_j6a5udp wrote

So I posted earlier numbers based on calcs from 2021-2022, which was 31,521KW/h. For the 2022-2023 year, the total is 19,318KW/h. That would save about 417.58 over a year at that rate. Not quite as good, but better than nothing.

There were 7-8 people living in the house during the earlier time period, which is why usage was so high.

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[deleted] t1_j69y0xk wrote

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BillDStrong OP t1_j6a6zl9 wrote

I know, I am talking about the TOU plan offered, not the seasonal, which is why I called it the TOU plan.

It is .13KW/h during peak and shoulder times and .06 during off-peak and weekends. Off-peak is 8pm to 7am, so 11 hours.

I just don't see that plan being better than ET that is at the lower rate all the time.

Adding a Heat Pump to my current set-up vs oil to go for the HP plan would increase my usage because I would be heating parts of the house I currently don't. Unless I just heat the back area that is currently heated with electric, which I don't think is good long term but may be worth it for that rate during winter.

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[deleted] t1_j6aa4tu wrote

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BillDStrong OP t1_j6ajh84 wrote

Well, it has been around for a few years so you can see a history of its changes and price increases, where we don't know for sure these new rates will stick around for any length of time, or if pricing will be worth it in year or 2.

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