Time-of-use (tou) rates

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Energy glossary

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Time-of-use (tou) rates

Meaning of term time-of-use (tou) rates

The pricing of electricity based on the estimated cost of electricity during a particular time block. Time-of-use rates are usually divided into three or four time blocks per twenty-four hour period (on-peak, mid-peak, off-peak and sometimes super off-pea

Source: http://www.desc.dla.mil/dcm/files/all%20inclusive%20energy%20glossary.xls

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