1. Save Thousands of Dollars
2. Create Energy Independence
3. Increase Your Home Value
4. Take Advantage of Tax Incentives
5. Environmental Benefits - Reduce Greenhouse Gas Emissions
The California Public Utilities Commission (CPUC) granted PG&E yet another rate increase for 2020. Beginning in early 2020, residential electric customers will be transitioned to a Time-of-Use rate plan, where the price of electricity will depend on the time of day you use it. With Time-of-Use rate plans, customers pay lower prices for electricity during periods of low demand such as late night, early morning, and midday.
Once the Time-of-Use rate plan goes into effect, most residential customers will experience a significant increase in their overall monthly bill. This is because most residential customers, use their lowest amount of electricity during the morning and late evening, when the new rates Time-of-Use Rates are the lowest. However, they also use the most electricity in the late afternoon/early evening (3:00 PM – 9:00 PM) when the Time-of-Use rates will be at their highest.
Currently, most PG&E residential customers are charged about $.24/kWh. When the Time-of-Use Rates becomes effective, during the summer months in the late afternoon/early evening, the rate will be over $.42/kWh.
A Battery Back-Up, or Energy Storage Solution, is designed to allow you to charge your battery with your solar system during the day and discharge the energy late in the afternoon/early evening, thus bypassing expense TOU rates. The Battery Back-Up will also provide power to your home when PG&E has a power outage.
Here is a link to a video produced by PG&E for a better explanation on TOU Rates.