'Peak electricity hours' refers to the specific time of day at which electrical consumption is at its highest, and electricity rates are their most expensive. Off-peak hours are when electricity demand is at its lowest, and electricity prices are at their cheapest.
What is a peak time?
a time of day when a lot of people are using the same service, such as the internet, phone, etc.: Sign up for our special deals on peak time calls. (Definition of peak time from the Cambridge Business English Dictionary © Cambridge University Press)
What does peak mean in prices?
Peak pricing is a form of congestion pricing where customers pay an additional fee during periods of high demand. Peak pricing is most frequently implemented by utility companies, which charge higher rates during times of the year when demand is the highest.
What is the difference between peak and off peak?
When can you buy off-peak tickets?
Generally speaking, the Off-Peak window begins after 09:30 and outside of evening commuter hours – 15:30-18:15 – for travel in and out of big cities. Super Off-Peak tickets become available after 10:00.
What is the meaning of off-peak hours?
adjective [ADJECTIVE noun] You use off-peak to describe something that happens or that is used at times when there is least demand for it. Prices at off-peak times are often lower than at other times.
What are peak times?
a time of day when a lot of people are using the same service, such as the internet, phone, etc.: Sign up for our special deals on peak time calls. (Definition of peak time from the Cambridge Business English Dictionary © Cambridge University Press)
What time can off peak tickets be used?
When are Off-Peak train times? Intercity Off-Peak times: Monday to Friday (except bank holidays) from 09:30 to 16:00, and after 19:00. Exact times vary across routes and train companies, but in general – you'll find off-peak times outside of conventional commuter hours.