What is a Time-of-Use tariff?
A way to save money on your energy bill and contribute to cleaner energy production in Ireland. Time-of-Use (ToU) tariffs are a new way for businesses with Smart Meters to pay for electricity.
A time of use tariff charges different prices for electricity usage depending on the time of day. Typically, these tariffs charge cheaper rates at night-time when demand is at its lowest (e.g. 11pm – 8am) and higher rates during the day when demand is at its highest (e.g. 8am – 11pm).
The wider benefits of TOU tariffs
Businesses could benefit from lower bills, particularly if they shift their electricity usage to times when demand is lower. This puts less pressure on the electricity grid, so can help increase the use of sustainable energy sources (e.g. wind and solar) and reduce carbon pollution. If you are unable to change when you use electricity, TOU may not suit you.
Contact us today to learn more about our smart tariffs at 1800 372 787 (9am-5.30pm Mon-Fri).
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