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Maximize Your Savings with Chariot Energy’s Time-Of-Use Plan

Chariot Energy’s time-of-use (TOU) plan offers a unique way for businesses to align energy usage with cost-saving opportunities. By leveraging solar-powered pricing during peak daylight hours, companies can reduce both energy costs and environmental impact.

August 26, 2024 Keaton Reynolds 3 Minutes

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Key Takeaways

Chariot Energy is a Houston-based energy supplier providing commercial energy solutions to businesses across the Lone Star State. What sets Chariot Energy apart is every energy plan they offer is powered by 100% Texas solar. As a solar power provider, Chariot offers a unique time-of-use plan for their business customers. Explore how Chariot’s TOU plan can help your business maximize savings with sustainable solar energy.

  • Time-of-use plans adjust energy rates based on demand throughout the day
  • Chariot Energy offers lower daytime rates powered by excess solar generation
  • Best suited for businesses operating during traditional daytime business hours
  • Additional benefits include solar buyback programs and battery storage rewards

What is a Time-Of-Use Energy Plan?

A time-of-use (TOU) energy plan is a pricing structure in which energy prices vary depending on the time of day. Generally, energy rates are lower during off-peak hours or periods of excess power generation. Energy rates become more expensive during peak periods when energy demand is higher. TOU pricing encourages businesses to shift their energy consumption to periods of lower demand, resulting in cost savings. 

Businessperson holding a digital scheduling calendar interface.

What Makes Chariot Energy’s Hourly Pricing for Businesses Unique? 

While most hourly pricing plans offer lower rates during the evening, Chariot Energy flips the script with their commercial TOU plan. Chariot Energy offers lower hourly pricing during daylight hours, when excess solar power is generated. Their standard rates go into effect during the evening and overnight. 

Texas is the second leading producer of solar power in the country, generating 31,739 Gigawatt-hours of solar energy in 2023. Chariot Energy takes advantage of the state’s high levels of solar generation, passing the savings on to businesses. 

What Businesses Benefit Most from Chariot’s TOU Plan?

The hourly electricity prices in Chariot Energy’s pricing plan is beneficial for most businesses with a traditional 9am-5pm schedule. Below are a few examples of businesses who can achieve significant savings with Chariot Energy’s TOU pricing structure: 

  • Commercial office buildings 
  • Child Daycare Centers 
  • Specialty Medical Offices 
  • Legal or Consultation Firms 
  • Banks and Financial Services 
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More Unique Plans and Perks from Chariot Energy

It’s evident that Chariot Energy approaches commercial energy plans differently than most Texas energy suppliers. Beyond their advantageous hourly pricing, Chariot offers a range of energy deals. 

  • Solar Buyback Program: If your business has rooftop solar panels, you can turn excess energy into additional income! Chariot offers a generous solar buyback program to their valued customers. 
  • Battery Storage Rewards: Chariot rewards you for pairing your property’s solar panels with an energy storage system. When you’re enrolled in their Battery Rewards Program, you earn a $40 bill credit every month. 
  • ECRS Pass Through Charges: ERCOT Contingency Reserve Service (ECRS) is a new ancillary service to improve grid reliability. Supporting ECRS helps ERCOT reduce operational issues to keep supply and demand balanced.  

Does Chariot Energy Offer a Residential TOU Plan?

Chariot Energy plans include an additional type of TOU plan for their residential customers. They offer a free nights and weekends plan for Texas-based residences. Chariot’s free nights electricity plan provides a flat, fixed rate during the daytime and 100% free nighttime electricity from 11pm-6am. Their free nights energy plan is perfect for night owls or families who crank up the air conditioning at night. 

Discover Solar Powered Savings from Chariot Energy

Chariot’s energy plans offer a unique strategy to reduce your business’s carbon footprint with competitive solar energy rates. From Houston to Dallas and every town between, businesses and homeowners can take advantage of Chariot’s unique energy plans and solar services. If you’re interested in enrolling in Chariot Energy’s TOU plan or want to explore additional sustainable energy solutions for your business, request a free quote today! 

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Start Saving with Smarter Energy Timing

Take advantage of solar-driven pricing to reduce your business energy costs. Connect with energy experts to find the right plan tailored to your usage and goals.

About the Author Keaton Reynolds picture

Keaton Reynolds

Published August 26, 2024

Keaton Reynolds is a Sales Development Representative Manager at Integrity Energy, specializing in enterprise energy procurement and strategy. With over 5 years of experience in the ene…

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