time-of-use rates

Smart meters giving Missouri customers incentive to save energy during peaks

Evergy and Ameren Missouri are both rolling out optional time-of-use rates to customers as they install smart meters.

A recent survey suggests customers are open to alternative rates, and many think they already participate in them.

The Illinois utility’s pilot program will offer three separate rates that will save money for customers who avoid peak hours.

Stakeholder groups generally support the utility’s proposal but have concerns related to consumer protections.

Stakeholders told Illinois regulators that programs encouraging off-peak charging benefit all customers.