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“TOU” is short for Time-of-Use electricity rates. These rates are set by your utility companies, and they vary by time of day: they are more expensive during periods of peak electricity demand and less expensive during off-peak hours.
For instance, TOU rates would be higher during hot summer afternoons or nights when residential customers tend to use their cooling systems more, increasing overall energy demand. Conversely, TOU rates would be lower during off-peak hours, like the middle of the day when you’re not home.
One way to minimize your energy costs is to adjust your energy consumption to these cheaper times. But there’s an easier way. Enter Brightbox, your very own home backup battery storage and energy management system. With Brightbox, you can avoid the most expensive peak pricing under a TOU rate structure.
With the power of Brightbox, you barely have to lift a finger in a state that supports TOU. Brightbox automatically analyzes everything, helping you stay informed on your energy usage patterns and how to further optimize your energy savings.
By using energy-efficient appliances and adjusting usage to the right times, especially avoiding peak hours, you can effectively save money on your electricity prices and reduce your overall electricity consumption.
Call it intelligent savings. Call it science fiction. We call it plenty of money that stays in your pocket and fewer surprises on your energy bills.
The choice is yours. Home solar panels are great, but they're even better with a Brightbox system that helps you maximize savings, both day and night. By storing excess energy generated during the day, you can power your home at night or during outages, reducing reliance on the energy grid.
The power is in your hands to lower electricity bills and take control of your energy resources. Investing in a comprehensive solar system not only ensures energy independence but also contributes to a sustainable future.
If you would like to go solar and want more information on Brightbox, please contact us today! With Brightbox, you'll be using renewable energy efficiently while also having a reliable solar energy system that allows you to own electricity and stay ahead of energy costs.