New smart home tech can make saving energy easier with automation

Smart home technology has never been more accessible or affordable. The new time of use rate effective in April, and reflected in May's statements, makes home automation and energy conservation worth looking into.

With multiple options and tools, knowing which will help save energy most effectively can be tough. Here are a few of our Energy Advisor's recommendations on devices that offer the best return on energy savings. 

The new time of use rate, effective in April, makes using energy after 8 pm worth the wait.

Effective with April's usage and reflected in May's statements, Hendricks Power is implementing a new time of use rate. The new rate reduces On Peak hours to 5-8 pm on weeknights. This update better reflects the cost of wholesale power, which fluctuates throughout the day and is most expensive for Hendricks Power to purchase during On Peak times. 

To better reflect the cost of wholesale energy, Hendricks Power will be updating rates for April usage, reflected in May statements

Trying to save energy can be daunting, but knowing your highest uses of electricity can help 

Guided by its Seven Cooperative Principles, Hendricks Power shows its love and support to its local community in various ways. With Valentine’s Day approaching, there's no better time to express how much HPC loves its community and serving the members of the co-op. Here are a few ways HPC supports its community throughout the year.

Beginning in 2023, members can expect to see a new register line item on their monthly statements - but what is "On Peak Demand," and does it affect their balance?

In addition to the two register line items on bills members currently see, On and Off Peak, members can expect to see a new line item, On Peak Demand, beginning in 2023. There is no additional charge or fee(s) associated with this line item.

What is On Peak Demand?

Electric space heaters and blankets are great ways to stay toasty warm when the temperature drops. But don’t forget about safety before you plug in these chill-chasers.

You may not think you need to have an understanding of energy demand and purchasing, but do you ever look at your energy bill and wonder what it all means? If your answer to that question is “yes,” then you might be interested to learn how demand impacts your utility bill.  

As a member of Hendricks Power, we've encouraged you to use energy wisely and make smart energy choices to save money. But did you know that when you use electricity can be just as important as how much you use?
Throughout the day, energy use fluctuates based on member demand. Typically, most households use larger amounts of electricity in the morning while getting ready for their day, and in the evenings, upon return from work while cooking dinner, doing laundry, and watching television. 

This October, you should be treated by ghoulish figures visiting on Halloween — not tricked by unexpectedly high energy costs. Every fall, people enjoy the milder temperatures while preparing for the coming Midwestern winter. Make sure you’re treating yourself to energy savings by making the right upgrades.