Utility Implementing TOU
Under a settlement filed for approval, TOU (Time-of-Use) customers would be charged distinct on-peak and off-peak rates. This would be based upon the winning wholesale supplier’s on-peak and off-peak generation prices (set using multipliers noted below), plus the following non-TOU rate components: the default service administrative cost, E-factor, merchant function charge, transmission service charge, and applicable State Tax Adjustment Surcharge.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
http://www.energychoicematters.com/stories/20180314a.html