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April 23, 2008

BGE's time-of-use rates for the summer

Here they are. A commenter mentioned that she lost money on time of use in 2006. But the price differential between on-peak and off-peak is a little better now than it was then. Below are the TOU GENERATION rates that will be in effect from June through September. Add another .4 cent or so for transmission and another 3.4 cents for delivery. The flat summer rate will be, as noted, 11.4 cents plus another .4 cent for transmission plus 3.4 cents for delivery.

On-peak: 15.298 cents/kwh
Intermediate-peak: 9.933 cents/kwh
Off-peak: 8.917 cents/kwh

Posted by Jay Hancock at 1:04 PM | | Comments (2)
        

Comments

Could you remind us when On-, Intermediate- and Off-peak hours are?

Today, 24 April, in follow up to an earlier telephone call to BGE Customer Service and your article, I called BGE (1-877-746-6243) to confirm the residential rate beginning July 1. The operator knew nothing about a new rate for July and could only quote the current rate of 10.86 cents/KWH. That is sad and not good customer service. Those of us who now are with WashGas must act before May2.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.
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