$ and ¢ - Saving with TOU

Let's look at this graph again, this time with dollar amounts included. At this point, these numbers represent what I would be paying under Time-Of-Use rates. On April 15, we had twice as much on peak consumption as April 14, yet the total amount of energy consumed on each day is about the same. The cost difference between the two is a whopping 10 cents.

One of the huge challenges with Energy Management and saving money is that it takes a long time to see results. Saving 10¢ a day doesn't sound like much, but multiply it by 365 days a year and it totals $36.50, which is 3% of a $1200 annual electricity bill. If I told a commercial client they could reduce their annual electric bill by 3%, I think they would be interested in hearing more. Unfortunately, these graphs do not put that into perspective.