I'm trying to do some comparison analysis, but I'm stymied by the change in timing. For summer months, the new plan is pretty clearly better for me:
My Jun bill: 230kWh of peak, 414kWh of part-peak, and 869kWh of off-peak cost me $367.69
At the new $.38/$.21/$.10 that's $261.24
I can do that comparison because the peak time M-F is exactly the same and while it adds 3pm-7pm on weekends to peak instead of 5pm-9pm for park-peak I do get an extra hour of off-peak at 11pm to midnight. That's not going to cost me more than the $100 savings.
However, for winter it's a lot different since we go from no peak rates currently to the same time periods as summer, which includes peak rates 2pm-9pm weekdays and now 3pm-7pm weekends. This means some rate draw at $0.27/kWh in winter versus the previous $0.10-$0.34/kWh part-peak rate in Winter. I can't really calculate the cost differential since I don't have actual times of use - just the peak/part/off summaries. I suspect I'll pay more in winter than I do today, but maybe it'll just break-even.
My Jan bill was: 851kWh of part-peak and 821kWh of off-peak for $290.60.
If I split the part-peak in the same ratio as summer (1/3 peak, 2/3 part-peak), the I'd be:
304kWh of peak, 547 of part-peak, 821 of off-peak (at $.27/$.16/$.10) for $251.70
So, it makes sense for me to switch no matter what, right? I often blow these math calculations, so can someone double-check me and my assumptions? I can't imagine I'd just 50% more peak time in winter than summer, so maybe I'd be even better off. Or, maybe my summer peak time is smaller because we're trying harder to delay clothes dryer and dishwashers in summer than winter. I do think it pays for me to switch now regardless. Thoughts?
The Summer/Winter cut-off date is Halloween, so I've got about 2 months left of summer savings. I'm trying to decide whether I should switch now, or just before the Winter/Summer cut-off on April 30th.
Suggestions/comments welcome.