Understanding when electricity rates are highest and lowest can help Sydney residents manage energy costs more effectively. Electricity usage is typically categorized into on-peak, off-peak, and sometimes shoulder periods, which are priced differently based on energy demand. Let’s get into what on-peak and off-peak electricity periods are, how they work, and when to use them to save on your electricity bill in Sydney.
What Time of Day is the Most Energy Used?
In New South Wales, peak electricity hours are from 2 p.m. to 8 p.m., Monday to Friday. Shoulder rates apply from 7 a.m. to 2 p.m. and 8 p.m. to 10 p.m., while off-peak rates cover low-demand times. Weekends only have shoulder or off-peak rates, with no peak charges.
What is On-Peak Electricity?
On-peak electricity refers to the times of day when energy demand is at its highest, which usually corresponds to when most people are at home and using multiple appliances. During these times, electricity providers charge higher rates because there is greater demand on the energy grid.
In Sydney, on-peak times generally occur:
Weekdays between 2 PM and 8 PM (times may vary slightly depending on the provider).
During on-peak hours, most households are using high-power appliances such as air conditioners, heaters, washing machines, and ovens, which results in higher demand for electricity.
What is Off-Peak Electricity?
Off-peak electricity refers to times when demand for energy is lower, and therefore, the cost of electricity is reduced. Off-peak rates are typically much cheaper than on-peak rates, making these times ideal for using energy-intensive appliances.
Read More: When is On Peak and Off Peak for Electricity
