Time Of Use (TOU) tariffs apply different prices for electricity at different times of the day. Time is divided into Peak, Shoulder and Off-Peak periods which reflect the level of demand on the electricity network. During Off-Peak periods electricity prices will be cheaper than at other times. Charges are higher in Peak and Shoulder times and lower in Off-Peak times, so understanding the way you use electricity and the available tariff options is important to ensure you get the best value for money. For energy saving tips, please refer to https://covau.com.au/energy-saving-tips/.
