Rate 74: TOU Electric Vehicle Residential Service
When does peak hit on Green Mountain Power Corp’s Rate 74: TOU Electric Vehicle Residential Service? Peak hits 1pm–9pm on weekdays, all year.
- peak22.57¢
- off-peak17.44¢
Weekends are off-peak all day — the cheapest time to run anything you can schedule.
What does Rate 74: TOU Electric Vehicle Residential Service cost a year?
| Household | Uses | Per year | Works out to |
|---|---|---|---|
| Apartment One or two people, no central air, no electric heat | 4,866 kWh | $928 | 19.1¢ / kWh |
| Family home Three or four people with central air conditioning | 9,453 kWh | $1,812 | 19.2¢ / kWh |
| Home with an EV Same house, plus an electric car charging overnight | 13,103 kWh | $2,449 | 18.7¢ / kWh |
Estimates, not quotes. We run three made-up but realistic households through this tariff hour by hour for a full year — including the way air conditioning loads the afternoon and an EV loads the small hours. Your own bill depends on when you actually use electricity, which is exactly the thing a per-kWh number hides.
What you actually pay
| Period | Rate | Applies when |
|---|---|---|
| peak | 22.57¢ | 1pm–9pm |
| off-peak | 17.44¢ | 9pm–1pm, midnight–midnight |
Should you be on Rate 74: TOU Electric Vehicle Residential Service?
This is a time-of-use plan, which means the clock decides your bill as much as the meter does. At the worst hour you pay 22.6¢ a kWh; at the best hour, 17.4¢ — 1.3× apart for identical electricity.
That gap is worth real money only if you can move load into it. Every kilowatt-hour a day you shift from 1pm to midnight is about $19 a year. A dishwasher run is roughly 1.5 kWh; an EV commute charge is 8 to 12. If your day is fixed — you are home in the evening and the air conditioner runs when it runs — a plan like this costs you more, not less.
Expect the bill to move with the calendar. The same family home costs about $213 in July and $114 in February — a $99 spread driven by heating and cooling far more than by anything you chose. Budget against the July figure, not the average, and a summer bill stops being a surprise.
How it compares to Green Mountain Power’s other plans
Measured against the other residential plans this utility files, a family home lands 1st cheapest of 3 — nothing else here beats it for that household.
Against Rate 01 Residential Service, which looks like the plan you land on by default, this one comes out $550 less per year (23%). We infer the default from the tariff structure rather than a flag in the data, so confirm it against your own bill before you switch.
If this is new to you
- What is a time-of-use electricity rate?
The same kilowatt-hour, priced differently depending on when you use it.
- Should you switch to a time-of-use electricity plan?
A wide peak-to-off-peak gap is a lever, not a saving. Levers need something to move.
- When should you charge an electric car at home?
The single biggest load most homes can move, and the easiest to automate.
- Why is my electric bill so high in summer?
Usually three causes at once, and only one of them is your air conditioner.
Where this comes from
- Effective
- 2024-10-01
the date this tariff took effect
- Covers
- delivery + supply
우편번호 매핑에서 이 지역 서비스 종류가 Bundled — 배달과 공급을 함께 판다
- Enrollment
- open to new customers
Tariff document: https://static.greenmountainpower.com/tariffs/rates/Rate-74-TOU-EV-Residential.pdf