ChiKid24 said:Anyone else struggling with figuring this out? I was on the legacy TOU-D-B rate which is being discontinued. Got a notice from SCE that says they will default me to the new TOU-D-4-9PM rate unless I opt into some other plan. They provide a table listing the expected costs for each of these plans and how they differ from my current plan. My struggle is whether or not I trust what they are saying?
For me, we have solar and an EV that we charge overnight (super off peak hours). My current annual cost (per SCE) is $506/year. The new TOU Rate they are defaulting me to has an expected annual cost of $751/year. But the table also shows a "Domestic" plan that would only be $581/year. This appears to be the better option, but that's based on what SCE is telling me. I'm also surprised that the TOU-D-PRIME rate for me is so high at $895/year.
My inclination is to go with the Domestic plan since it is showing up as the cheapest. Just want to make sure I'm not missing something here.
CalBears96 said:It doesn't make sense that TOU-D-PRIME is more expensive than TOU-D-4-9PM since the offpeak rate for PRIME is 18c and 4-9PM is 30c. Maybe it's because PRIME also has a 40c daily basic charge and 4-9PM has a baseline credit?
ChiKid24 said:Yup, just got off the phone with them. TOU-D-PRIME has 40c daily charge vs 3c for TOU-D-4-9 and no baseline credit. The daily charge adds an additional $135 a year, before even including the credit. Looks like Domestic plan is best for me.
CalBears96 said:ChiKid24 said:Anyone else struggling with figuring this out? I was on the legacy TOU-D-B rate which is being discontinued. Got a notice from SCE that says they will default me to the new TOU-D-4-9PM rate unless I opt into some other plan. They provide a table listing the expected costs for each of these plans and how they differ from my current plan. My struggle is whether or not I trust what they are saying?
For me, we have solar and an EV that we charge overnight (super off peak hours). My current annual cost (per SCE) is $506/year. The new TOU Rate they are defaulting me to has an expected annual cost of $751/year. But the table also shows a "Domestic" plan that would only be $581/year. This appears to be the better option, but that's based on what SCE is telling me. I'm also surprised that the TOU-D-PRIME rate for me is so high at $895/year.
My inclination is to go with the Domestic plan since it is showing up as the cheapest. Just want to make sure I'm not missing something here.
It doesn't make sense that TOU-D-PRIME is more expensive than TOU-D-4-9PM since the offpeak rate for PRIME is 18c and 4-9PM is 30c. Maybe it's because PRIME also has a 40c daily basic charge and 4-9PM has a baseline credit?
woodburyowner said:This is a common misunderstanding that SCE CSRs constantly push. PRIME is not always the best plan. It ended up costing me $250 more last year by going on PRIME after the recommendation from the CSR. Since you can only change your plan once a year, I had my TOU 4-9 retroactively changed to PRIME at the end of the year. Once it changed, I was given a $250 additional bill. I was pretty pissed...
Anyway, make sure to do your own calculation. If you drive a ton and charge at night, PRIME might be your best bet. But the point is that it's not that obvious of a decision.
Cares said:Prime typically only makes sense if you're a high energy user that can shift usage outside of 4-9PM hours. Your usage needs to be high enough to offset the higher daily usage cost so of course charging EVs. I think there will be fringe cases of Prime making sense for non-EV drivers but probably very few.