July 6th, 2010 
July 1, 2010
in Education posts, Connecticut Energy NewsBoard
Variable Peak Pricing (VPP) is a form of Time-Of-Day (TOD) pricing that allows customers to purchase their generation supply at prices set on a daily basis.
Standard on-peak and off-peak time-of-day rates are in effect throughout the month. Under the VPP program, the on-peak price for each weekday becomes available the previous day (typically late afternoon) and you get billed for actual consumption during the billing cycle at these prices.
On July 1, 2010 United Illuminating will begin offering Variable Peak Pricing (VPP), along with Connecticut Light & Power. VPP is now available to all customers who receive service on a time-of-use rate. What this means, is that if you are purchasing your electricity from UI or CL&P, you will now have the opportunity to purchase it at a rate that is priced on a daily basis, during peak hours.
You must have the appropriate metering to choose the VPP rider, so a new meter might need to be installed. If non-standard metering is required, you may be responsible for the incremental costs of such metering.
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