Get ready for a game-changer in your energy billing! TNB's Time-of-Use (ToU) scheme is now accessible through the myTNB app, offering a convenient way to switch and save on your electricity costs. But here's where it gets controversial: this feature is only available to registered users, so make sure you're signed up!
TNB has made it incredibly simple to make the switch, with just four steps within the app. You can now choose when to apply the tariff change and understand the scheme's benefits with a clear explanation. It's a quick and easy process, but there's a catch: if you don't have a smart meter, the installation process could take up to two months.
So, what's the ToU scheme all about? It's an opt-in pricing plan that offers lower rates during off-peak hours and slightly higher rates during peak periods. For those with smart meters, the switch can be made in just a few days.
Here's a quick breakdown of the rates:
- Peak hours (weekdays, 2 pm to 10 pm): 28.52 sen/kWh for households consuming up to 1,500 kWh per month, and 38.52 sen/kWh for higher-usage households.
- Off-peak hours (weekdays, 10 pm to 2 pm, and weekends): 24.43 sen/kWh for up to 1,500 kWh per month, and 34.43 sen/kWh for higher usage.
This scheme is a great way to save on your electricity bills, especially if you can shift your energy usage to off-peak hours.
And this is the part most people miss: the ToU scheme is not just for domestic users; it's also available to non-domestic low-voltage users. So, whether you're a homeowner or a business owner, it's worth considering this option.
Have you made the switch yet? What are your thoughts on TNB's ToU scheme? We'd love to hear your experiences and opinions in the comments below!
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