Time-of-Use Electric Rates: How to Save by Shifting Usage

Understand time-of-use (TOU) rate structures, identify your utility's peak/off-peak windows, and calculate savings from shifting EV charging, water heating, laundry, and cooling to off-peak hours.

6 min readUpdated July 25, 2026WattPocket
A driver plugs an electric car into a home charger.

Related wattage and runtime estimate

This supporting tool converts watts and equivalent full-power hours per day into daily, 30-day, and yearly energy costs. It does not replace the guide-specific formula below.

Time-of-use rates can shift 60-80% of EV charging to off-peak hours, saving 30-50% on charging costs. This estimate uses a 7.2 kW charger at 2.5 hours daily, split 80/20 off-peak/on-peak at typical rate spreads.

Find your state rate
W
hr
¢/kWh

Find your state average

$101.68/ month
$3.39/ day
$1237.13/ year

This setup uses about 540 kWh in a 30-day month.

01

What is a time-of-use rate?

Utilities charge more for electricity during high-demand periods (peak) and less during low-demand periods (off-peak). A typical summer TOU schedule: Peak 4–9 PM at $0.35–0.50/kWh, Off-peak 9 PM–4 PM at $0.10–0.18/kWh, Super off-peak midnight–6 AM at $0.05–0.10/kWh. Winter schedules differ; some utilities have no winter peak.

Your bill shows total kWh per period. The per-period rate is usually listed in the rate detail section. If you don't see it, check the utility's rate tariff PDF or call customer service.

FormulaTOU savings = Σ(peak kWh × peak rate) + Σ(off-peak kWh × off-peak rate) vs. flat rate × total kWh
02

Biggest shift opportunities

EV charging: A 7.2 kW charger for 2.5 hours daily = 18 kWh. Moving all of it to off-peak at $0.12 vs. peak $0.40 saves ~$5/day or $150/month. Most EVs and chargers have built-in scheduling. Set it once and forget it.

Water heating: A heat-pump water heater can be scheduled to heat during super off-peak. Resistance tanks on a timer can heat overnight. Savings: $15–40/month depending on household size.

Laundry & dishes: Run washer, dryer, dishwasher after 9 PM. Delay-start features make this easy. Savings: $5–15/month.

Cooling: Pre-cool the house to 72°F by 3 PM, then let it drift to 78°F during 4–9 PM peak. The thermal mass of the home holds comfort. Requires a smart thermostat with TOU awareness.

  • EV charging is usually the single biggest TOU win.
  • Check if your utility offers a dedicated EV TOU rate — often simpler than whole-house TOU.
  • Some utilities credit solar exports at off-peak rates only; verify before sizing.
03

Will TOU save you money? Run the numbers

Get 12 months of interval data (Green Button Data or utility portal). Calculate: (current flat rate × total kWh) vs. Σ(period kWh × TOU rate). If you can shift 30%+ of usage to off-peak, TOU usually wins. If your usage is already mostly off-peak (work from home, night owl), flat rate may be better.

Many utilities offer a 'shadow bill' comparison — they apply TOU rates to your actual usage for a trial period before you commit. Opt in, review after 3 months, opt out if it costs more.

04

Common pitfalls

Peak window varies: some utilities are 2–7 PM, others 4–9 PM, some split morning/evening. Verify your specific schedule.

Tiered rates inside TOU: some plans have baseline allowances per tier. Exceeding baseline in peak hours can be very expensive.

Holiday/weekend schedules differ. Solar customers: net metering credits may be at off-peak rates only.

Rate source and limits

The default rate is the EIA U.S. residential average for April 2026, retrieved July 16, 2026. It is an average revenue per kilowatt-hour, not a quote for your utility plan. Fixed fees, taxes, tiers, and time-of-use prices can change the bill.

Open the EIA source