Florida utilities are increasingly pushing Time-of-Use (TOU) rate plans, changing how homeowners think about energy consumption and solar production. For solar owners, understanding these rate structures can significantly boost savings and maximize your investment’s return. As Florida’s solar landscape evolves, strategic energy management becomes crucial for optimal savings.

Time-of-Use rates divide your day into different pricing periods. Peak hours, typically 4 PM to 9 PM, can cost up to three times more than off-peak rates. For solar homeowners, this creates both challenges and opportunities. While solar production naturally peaks during midday, smart energy management strategies can help you maximize savings during expensive evening hours.

Battery storage systems have become game-changers in the TOU landscape. By storing excess solar production during sunny midday hours, homeowners can power their homes during expensive peak periods without drawing from the grid. Our customers using this strategy report additional savings of $50-100 monthly compared to solar-only homes.

The impact of seasonal changes on TOU rates is particularly relevant in Florida. Summer peak rates often exceed winter rates by 30-40%, making solar especially valuable during our hottest months. Strategic timing of high-consumption activities, like pool pump operation and EV charging, can significantly impact your bottom line.

Real data from our customers shows impressive results. Homes optimized for TOU rates save an average of 15-20% more than those on standard rate plans. This optimization often involves simple adjustments like running dishwashers and laundry during solar production hours and using smart thermostats to pre-cool homes before peak periods.

Florida’s net metering policies add another layer to TOU considerations. Excess solar energy sent to the grid during peak hours earns credits at those higher rates, which can be used during non-solar hours. This makes proper system sizing and orientation crucial for maximizing financial returns.

EV owners face unique opportunities with TOU rates. Charging vehicles during solar production hours effectively makes your driving fuel-free, while evening charging could cost three times more. Smart EV chargers can automatically optimize charging schedules to take advantage of the lowest rates.

Ready to maximize your solar savings? Schedule your free consultation today with Mirasol Solar!