Time-of-use plans were priced as if a home used electricity evenly all day
Corrected
What was wrong: A monthly total was spread evenly over every hour, so a time-of-use plan's dear afternoon and evening hours carried less use than real homes put in them, and its price read low. Time-of-use plans were named the cheapest on many utility pages partly for that reason.
What changed: Time-of-use plans are priced on the typical hour-by-hour pattern of homes in the tariff's state, from NREL's ResStock, by month and weekday or weekend.
Pages: What a plan charges by the hour, and what moving a kilowatt-hour is worth
Records: NREL/NLR ResStock 2025 Release 1, timeseries aggregates by state (OEDI submission 4520)