DTE Announces Time of Day Rates to Encourage Using Electricity in Off-Peak Hours
(Crystal Proxmire, Jan. 6, 2023)
Michigan – DTE and other energy providers across the state are making a shift to electricity prices that change based on the time of day.
According to a notice sent to customers by DTE:
“Smart homes, EVs and an increasingly device-driven world mean demand on the electric grid is growing. That’s why DTE, and the state of Michigan, are moving to a Time of Day rate in March 2023 to better fit our customers’ unique needs.
“Simply choose to use energy during the times of day when demand is lower, and you’ll pay a lower rate. This allows DTE to better manage peaks to help keep energy affordable, and gives you more control over the rate you pay.
“Rates are lower before 3 p.m. or after 7 p.m. weekdays
“OCTOBER – MAY 7 p.m. to 3 p.m. 15.45¢ PER kWh, 3 p.m. to 7 p.m. 16.75¢ PER kWh, JUNE – SEPTEMBER 7 p.m. to 3 p.m. 15.45¢ PER kWh, 3 p.m. to 7 p.m. 20.98¢ PER kWh
“Currently, residential customers pay about 16.9¢ –18.6¢ per kWh all the time. This rate change is revenue neutral, DTE does not profit from this change.
“When you move to the new rate, you’ll have access to tools and resources to help you choose what’s best for you and your home’s energy needs.
Learn about Time of Day rates online at https://solutions.dteenergy.com/dte/en/Products/Time-of-Day-3-p-m—7-p-m-/p/TOD-3-7