Friday, December 17, 2010

Does TOU Save You Money?

To see the effects of Time Of Use for those who have smart meters doing that, you will have to compare a TOU billing to a bill from before TOU. That is, in my case, take the consumption last month and plug it into the figures for the summer. So you can do this yourself I have this template spreadsheet.



Create a spreadsheet like above with the following formula in each of these cells:

In C5 enter this: =SUM(C2:C4)

In D5 enter this:=SUM(D2:D4)

In A7 enter the first Kwh Consumption noted on your old bill

In B7 enter the rate on the first amount usage from the old bill

In C7 enter this: =C5-A7

In D7 enter this: =C7*B7

In B8 enter the rate from the old bills on the rest of your consumption

In C8 enter this: =C5-C7

In D8 enter this: =C8*B8

In C9 enter this: =SUM(C7:C8) (it should be the same value as C5 when it displays)

In D9 enter this:=SUM(D7:D8)

In D11 enter this:=D9-D5

D11 will be the difference between TOU on your bill compared to what your bill would have been had TOU not applied. If positive TOU is saving you money, if negative, it's costing you.

You can copy all these cells and do a month on each worktab and follow what happens over the winter.

I would be most interested in gathering cases from anyone over the next months and come March post the results here.

If you are having problems setting this up I can email you a template to work with.

61 comments:

  1. HERE IS A NEW ONE FOR ALL OF YOU. I AM REPLACING AN AGED HYDRO POLE ON MY PROPERTY THAT I OWN. THEN HYDRO ONE STEPS IN AND SAYS I HAVE TO CHANGE 2 POLES IN FRONT OF MY PROPERTY THAT THEY OWN AS THEY ARE IN GOOD SHAPE BUT NOT THE PROPER HEIGHT OF 40 ( PRESENTLY 30 FT.) AT MY EXPENCE TRY $4,000. FOR THERE TWO POLES.
    I WILL ALSO BE OWNING THE ONE POLE ON THE BOULIVARD ON MY SIDE OF THE ROAD FOR GOOD. SO IF A CAR HITS IT I PAY TO HAVE IT FIXED.
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  2. Seems they are so strapped for cash that they play these games. Nice.

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  3. I pay on a budget and it was $205. monthly. I don't heat with it just the electricity for th house. House was built only 20 years ago. Got notice from them that I am behind over $500 and my monthly budget is now $280. Whats up with that. Do other people pay this much for hydro monthly. If I heated with it I could understand. Heat cost me a separate $215. Someone thinks we are made of money. I am a widow can't afford to retire as these bills probably won't be going down. Wonder how easy it will be to sell the house with this type of consumption.

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  4. I am also having issues with Hydro One and been told I am being disconnected once again (every month I get a disconnection notice) as well as anywhere from 25 to 62 phone calls a day from 6am to 11pm 7 days a week, just to tell me my bill is due a reminder call.
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    Now this winter has been very mild hardly any snow I have not used my livestock water heaters, I have not had my furnace on since feb 12, I have only had 3 small space heaters on and the truck is not plugged in so why is my daily average now 187kWh? doesn't make sence

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