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What is the Shift-to-Save Rate Plan?

The new Shift-to-Save Rate Plan from Lakeland Electric is a good example of how we’re putting smarter – and more economical – power in your hands. It’s all made possible by your Smart Meter and the city-wide network that supports it. As of now, the Shift-to-Save Rate Plan is only available to a randomly selected group of customers as part of a US Dept. of Energy trial study.

The Shift-to-Save Rate Plan Explained

If you can “shift” some of the power you use to a different time of day, this new rate option will give you an opportunity to save money.

The plan features three different Monday-through-Friday “pricing periods” – Off-Peak (lowest cost), Mid-Peak (mid-cost) and On-Peak (highest cost). In addition, weekends are Off-Peak. The cost per kilowatt hour is different for each of those pricing periods. Your bill will be calculated according to how many kilowatt hours you use during each of those pricing periods. The costs are shown below:

  • Off-Peak: 6.96¢ per kWh
  • Mid-Peak: 12.57¢ per kWh
  • On-Peak: 17.73¢ per kWh

Costs include energy and average fuel charges only. Taxes and other surcharges may apply. Because of typical weather patterns and related electricity demands, the pricing periods for Winter and Summer are different, as seen in the charts on your right. Rates as of October 1, 2011

Your Current or “Standard” Rate Plan

Most Lakeland Electric customers are billed for their electricity usage based on the Standard Rate Plan. This plan uses three different levels or “tiers” and looks like this:

  • 0-1000 kWh: 9.89¢ per kWh
  • 1,001-1,500 kWh: 10.39¢ per kWh
  • 1,500 kWh and above: 10.87¢ per kWh

Costs include energy and average fuel charges only. Taxes and other surcharges may apply. The fewer kilowatt hours you use, the less your bill will be each month. Rates as of October 1, 2011