Rate 74: TOU Electric Vehicle Residential Service
When does peak hit on Green Mountain Power Corp’s Rate 74: TOU Electric Vehicle Residential Service? Peak hits 1pm–9pm on weekdays, all year.
- peak22.57¢
- off-peak17.44¢
Weekends are off-peak all day — the cheapest time to run anything you can schedule.
What does Rate 74: TOU Electric Vehicle Residential Service cost a year?
| Household | Uses | A month | Per year | Works out to |
|---|---|---|---|---|
| Apartment One or two people, no central air, no electric heat | 4,866 kWh | $77 | $928 | 19.1¢ / kWh |
| Family home Three or four people with central air conditioning | 9,453 kWh | $151 | $1,812 | 19.2¢ / kWh |
| Home with an EV Same house, plus an electric car charging overnight | 13,103 kWh | $204 | $2,449 | 18.7¢ / kWh |
Estimates, not quotes. We run three made-up but realistic households through this tariff hour by hour for a full year — including the way air conditioning loads the afternoon and an EV loads the small hours. Your own bill depends on when you actually use electricity, which is exactly the thing a per-kWh number hides.
What you actually pay
| Period | Rate | Applies when |
|---|---|---|
| peak | 22.57¢ | 1pm–9pm |
| off-peak | 17.44¢ | 9pm–1pm, midnight–midnight |
Should you be on Rate 74: TOU Electric Vehicle Residential Service?
This is a time-of-use plan, which means the clock decides your bill as much as the meter does. At the worst hour you pay 22.6¢ a kWh; at the best hour, 17.4¢ — 1.3× apart for identical electricity.
That gap is worth real money only if you can move load into it. Every kilowatt-hour a day you shift from 1pm to midnight is about $19 a year. A dishwasher run is roughly 1.5 kWh; an EV commute charge is 8 to 12. If your day is fixed — you are home in the evening and the air conditioner runs when it runs — a plan like this costs you more, not less.
Expect the bill to move with the calendar. The same family home costs about $213 in July and $114 in February — a $99 spread driven by heating and cooling far more than by anything you chose. Budget against the July figure, not the average, and a summer bill stops being a surprise.
How it compares to Green Mountain Power’s other plans
Measured against the other residential plans this utility files, a family home lands 1st cheapest of 3 — nothing else here beats it for that household.
Against Rate 01 Residential Service, which looks like the plan you land on by default, this one comes out $550 less per year (23%). We infer the default from the tariff structure rather than a flag in the data, so confirm it against your own bill before you switch.
Other Green Mountain Power plans
Who can be on Green Mountain Power’s Rate 74: TOU Electric Vehicle Residential Service?
Eligibility is not our judgement — it is written into the tariff Green Mountain Power filed. This is what that document says:
This rate if for single-phase electric service at secondary voltage for Electric Vehicle charging using specific electric vehicle supply equipment and is limited to enrolled vehicles and shall not apply to other electric equipment, vehicles or use.
Quoted from the filed tariff. Your utility decides eligibility, not us; check with them before you switch.
If this is new to you
- When is electricity cheapest? Off-peak hours explained
Overnight, usually. All weekend, often. The exact hours are in your tariff, not in a rule of thumb.
- Should you switch to a time-of-use electricity plan?
A wide peak-to-off-peak gap is a lever, not a saving. Levers need something to move.
- When should you charge an electric car at home?
The single biggest load most homes can move, and the easiest to automate.
- Why is my electric bill so high in summer?
Usually three causes at once, and only one of them is your air conditioner.
Where this comes from
- Effective
- 2024-10-01
the date this tariff took effect
- Covers
- delivery + supply
the ZIP-code service map lists this territory as bundled, so the utility sells delivery and supply together
- Enrollment
- open to new customers
Tariff document: https://static.greenmountainpower.com/tariffs/rates/Rate-74-TOU-EV-Residential.pdf