Time of Use Rates

 
 

LIPA’s Time-of-Day Rate Plan for 2024

On March 29, 2023, the Long Island Power Authority Board of Trustees approved a new residential Time-of-Day rate (TOD), which will be phased in as the standard electric rate beginning in 2024. There is no immediate action for customers at this time. PSEG Long Island will communicate with eligible customers in the coming months.

For more information please visit LIPA's website at
www.lipower.org/time-of-day

What is Time of Use (TOU)?

The new Time of Use (TOU) rate plans let you take advantage of the hours of the day when energy is less expensive for us to produce so you pay less too. Just like riding the LIRR at off-peak hours, you can now pay for electricity the same way. Because energy production costs can range as much as 70% at different times of the day (peak, off-peak and super off-peak hours), choosing a TOU rate plan can be a less expensive alternative to other rates.

Time of Use

 

It's Easy as 1, 2, 3! 

Step 1: Log in

Log in to My Account to compare rates. Not enrolled? Have your account number handy and register now.

 
START HERE - 

Step 2: Review Your Rates

Review rate comparisons and select the best one for you. When deciding which rate plan to select, keep in mind that the tool only shows comparisons based on your past electricity use.

Step 3: Confirm

Confirm your enrollment selection. Use the tool every six months or so, as it updates your data and calculations monthly after each new billing period ends.

PSEG Long Island mobile

Enroll in TOU - Get $25 Bill Credit!

Switching is simple, just log in to your account and choose the best plan for your lifestyle. If you enroll in TOU from September 15 to October 31, 2022, we’ll get you started with a $25 bill credit!* If you don’t like it, you can easily switch back anytime – no questions, no penalties. You’ve got nothing to lose.

* Enroll your account in rate 190, 191, 192 or 193 from September 15 to October 31, 2022 to qualify for the $25 bill credit. Please allow 4-6 weeks to receive your $25 Enrollment Bonus bill credit.

Make the switch

What will TOU do for me?

Use the calculator below to see how the new Time of Use rate plan lets you take advantage of the times of day when electricity is less costly for you to use. The calculator factors in your past usage and shows what your previous payments would have been with TOU. Once you've selected from the available rate plans, you can decide when to use your high-electricity-use devices (like electric car charger, pool pump, air conditioning, etc.) to avoid the high-cost (peak) times of day.

But that doesn’t mean you can’t use any power during peak hours. We all still have to live our lives. Things like using the oven, running smaller appliances and turning on lights won’t have much of an effect, so you won’t be inconvenienced. Finding the rate plan that best suits your lifestyle can make a difference for you and your family.

Calculate my rate options

Time of Use Checklist

Why are we doing this?

Shifting energy use with TOU helps make energy demand more manageable, meaning we can provide energy that is cleaner and more efficient, to give you access to the best price possible.

 

4 Rate Plans to Choose From

For information on current rates and delivery charges, download the Residential Rate Booklet. For a detailed look at monthly Power Supply Charges click here.

 

Time of Use FAQ