Smart Pricing Plan for Businesses
The Smart Pricing Plan is closed to enrollment and concluded on July 31, 2017. Information for participants who choose to remain on the dynamic pricing rate schedule is below.
In this plan, prices on the dynamic rate schedule change based on the day classification as well as the time of day. During the summer, the highest prices are in the middle of the day between 1:00 p.m. and 6:00 p.m., during the winter the highest prices are during the early morning and late at night.
Each day will be classified as a high priced day (A Day), a medium priced day (B Day) or a low priced day (C Day). Low priced (C) days will occur most frequently, at least 280 days a year. There will be no more than 30 high-priced (A) days per year.
There is the possibility for “events” to occur up to 25 times per year in five-hour blocks. These critical peak events can occur on any day but will typically occur on high priced days.
Dominion Energy will provide event notifications two hours before and event and events can occur on any day classification; typically they will occur on high priced (A) days.Try and perform activities off-peak to manage energy costs and encourage your employees to do the same.
- Frequently Asked Questions
- Smart Pricing Plan Day Classification and Events Calendar
- Smart Pricing Plan Rate Details (GS-1)
- Smart Pricing Plan Rate Details (GS-2)