Innovative Tools and Payment Options
REC has introduced tools to provide relevant and timely information to assist members in understanding their energy-use patterns.
- My Usage in MyREC SmartHub: Take the surprise out of your monthly electric bill.
- Prepay: Choose how much and how often you want to pay before you use electricity.
- Time of Use rates. Members who elect the Time of Use rate are incentivized to shift their energy use to times of low demand, and are charged a higher rate for electricity used in the early morning and evening when electricity demand is typically at its highest. AMI allows REC to obtain hourly meter readings that determine which value to charge members on the Time of Use rate.