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Comparing Evergy TOU Rates with Other Missouri Utilities

  • Mobius Power Home
  • Dec 30, 2024
  • 3 min read
electricity lines in the background with a sign in front that says missouri

Comparing Evergy’s TOU Rates with Other Missouri Utilities


Missouri homeowners have options when it comes to choosing utility providers and their respective Time-of-Use (TOU) programs. While Evergy is a prominent utility offering TOU rates, other providers like Ameren Missouri also have programs designed to encourage smarter energy use.


Understanding the similarities and differences between these programs can help homeowners make informed decisions about their energy plans and savings opportunities.


This article compares Evergy’s TOU rates with those of other Missouri utilities, highlighting key features, savings potential, and the benefits of whole-home battery systems in optimizing these programs.



Overview of TOU Programs in Missouri

TOU programs charge different rates based on the time of day, encouraging energy use during off-peak periods. The key goals of these programs include:


  • Lowering Energy Costs: Incentivizing off-peak usage helps homeowners save money.

  • Reducing Grid Strain: Shifting demand to off-peak hours stabilizes the energy grid.

  • Promoting Renewables: Aligning energy use with periods of high renewable energy generation supports cleaner power.



Evergy’s TOU Rates

Evergy’s TOU program is designed to reward homeowners for shifting energy use to off-peak and super off-peak hours. Here’s a breakdown of their rates:


Summer (June 1 - September 30):

  • On-Peak (4 p.m. - 8 p.m.): $0.28129/kWh

  • Off-Peak (All other times): $0.09376/kWh

  • Super Off-Peak (Midnight - 6 a.m.): $0.04688/kWh


Winter (October 1 - May 31):

  • On-Peak (4 p.m. - 8 p.m.): $0.22892/kWh

  • Off-Peak (All other times): $0.09237/kWh

  • Super Off-Peak (Midnight - 6 a.m.): $0.03881/kWh



Ameren Missouri’s TOU Rates

Ameren Missouri also offers TOU pricing with similar goals of reducing peak demand and encouraging energy savings. Their program features:


Summer (June 1 - September 30):

  • On-Peak (3 p.m. - 7 p.m.): $0.28500/kWh

  • Off-Peak (All other times): $0.09500/kWh


Winter (October 1 - May 31):

  • On-Peak (6 a.m. - 10 a.m. & 3 p.m. - 7 p.m.): $0.22500/kWh

  • Off-Peak (All other times): $0.09000/kWh



Comparing Key Features

Feature

Evergy TOU Rates

Ameren Missouri TOU Rates

On-Peak Hours

4 p.m. - 8 p.m.

3 p.m. - 7 p.m. (summer)

Super Off-Peak Hours

Midnight - 6 a.m. ($0.04688/kWh summer, $0.03881/kWh winter)

N/A

On-Peak Rate (Summer)

$0.28129/kWh

$0.28500/kWh

Off-Peak Rate (Summer)

$0.09376/kWh

$0.09500/kWh

Flexibility

Super off-peak pricing for extra savings

Simplified on/off-peak periods


Which TOU Program is Better?

The choice between Evergy and Ameren Missouri depends on your household’s energy usage patterns and goals:


1. Choose Evergy If:

  • You’re able to shift significant energy use to midnight-6 a.m. for super off-peak savings.

  • You value clear distinctions between on-peak, off-peak, and super off-peak rates.

  • You plan to use a whole-home battery system to optimize savings.


2. Choose Ameren Missouri If:

  • Your energy usage aligns with their simpler on/off-peak structure.

  • You prefer fixed time blocks without super off-peak rates.



Maximizing Savings with Whole-Home Batteries

Both Evergy and Ameren Missouri’s TOU programs can be optimized with a whole-home battery system. Here’s how:


1. Charge During Off-Peak or Super Off-Peak Hours:

  • Use low-cost energy to charge your battery, then discharge it during on-peak hours.


2. Store Renewable Energy:

  • Pairing a battery with solar panels allows you to store excess energy and use it during peak periods.


3. Gain Backup Power:

  • Batteries provide reliable energy during outages, ensuring your home stays powered.



Missouri Incentives for TOU and Battery Systems

Homeowners can further enhance their savings by taking advantage of these incentives:


1. Federal Investment Tax Credit (ITC):

  • A 30% tax credit for battery installations, reducing upfront costs.


2. Utility Rebates:

  • Both Evergy and Ameren offer rebates for solar installations and energy-efficient upgrades.


3. Property Tax Exemptions:

  • Increased home value from battery systems is exempt from property taxes.



Making the Best Choice for Your Home

Choosing between Evergy and Ameren Missouri’s TOU programs depends on your energy habits and goals. Regardless of your choice, pairing TOU rates with a whole-home battery system ensures maximum savings, reliability, and environmental benefits.



Take Action Today

Ready to start saving with TOU rates and a whole-home battery system? Contact us to schedule a consultation and find the best energy solution for your Missouri home.


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