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Time-of-Use Tariffs: Shifting Loads to Cheaper Hours and the Saving per Month

Lesson 7 of 816 minLab

This lesson is part of the course

In this lesson

You price four fictional shiftable loads at peak and off-peak rates, find the maximum monthly saving from shifting them and check whether a time-of-use tariff beats a flat tariff when only part of the runs move.

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Lessons in this course

  1. Watts to kWh: Daily, Monthly and Yearly Running Costs at a Fixed TariffLab14 min Locked
  2. Cost per Cycle: Washing Machine, Dishwasher and Dryer ProgrammesLab15 min Locked
  3. Standby and Always-On Devices: 8,760 Hours a Year, Annual Cost and the Biggest UsersLab15 min Locked
  4. Fridges & Freezers: Old vs New Annual kWh, Savings and Payback YearsLab15 min Locked
  5. Cooking Options: Oven vs Smaller Appliances per Meal and the Monthly DifferenceLab14 min Locked
  6. Lighting Swap: Watts Saved × Hours, Payback per Bulb and the Whole-Home TotalLab15 min Locked
  7. Time-of-Use Tariffs: Shifting Loads to Cheaper Hours and the Saving per MonthLab16 min Locked
  8. Your Home Energy Plan: Every Appliance in One Table, Costs by Category and a ChartLab18 min Locked