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Simple (or fixed) rate, tiered (or step) rate, TOU, demand rates, tiered within TOU, seasonal, and weekend/holiday rates are among the few residential rate structures offered by modern utilities. The simple rate charges a specific dollar per kilowatt ($/kWh) consumed. The tiered rate is one of the more common residential rate programs, and it charges a higher rate as customer usage increases. TOU and demand rates are structured to help maintain/control a utility’s peak demand. The concept at its core is to discourage customers from contributing to peak-load times by charging them more money to use power at that time. Lots of sites can say they have the 'BEST ELECTRICITY COMPANIES IN TEXAS!', but only Texas Electricity Ratings gives you the tools to know you're getting a great company to go with the a competitive energy rate. We've collected thousands of reviews from customers just like you, who know there is more to a product than just price. What would a future focused on value look like? If the steps above are pursued, electricity buyers could use simple metrics to assess which energy projects work best for them. Project developers would try to maximize value, rather than pitch the lowest-cost bid. Investors would assess project feasibility based on the financial value created for the electricity off-taker. And public media would focus on the millions of dollars saved on energy bills, promoting system-wide efficiency rather than asset-level cost reduction. Free Tax Code Calculator Find if you're owed a tax rebate Update your contact information DISCOUNT DEN External links[edit] Compare Energy plans View the new Facilities Durkan responded by telling City Light to trim the hikes to 4.5 percent by reducing its spending plan. The utility does not yet know how it will achieve all the cuts, a spokesman said last week. 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