If you had a time machine and set it to the year 1800 – hear us out – you might be surprised to find renewables and energy storage everywhere, from our ancestors’ homes to their workplaces.
Many electric utilities are charging higher rates when there’s more demand (“peak pricing”). For instance, you may pay more for energy from 1:00 pm to 7:00 pm — exactly when you’re using energy-intensive air conditioning or industrial/commercial machines. Your goal is to pay the lowest possible price for electricity. In this article, you’ll discover how peak shaving can help, including: 1. How to buy energy at a discount, instead of paying the maximum price; 2. What we can learn from Texas and California’s electricity price hikes; 3. Why energy companies use time–of–use rates; 4. Basics of peak shaving for profit and reliability; and 5. What to expect when you’re considering peak shaving.