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Electric Thermal Storage (ETS) and Time of Day Rates for homes and businesses - the perfect pair. We're North America's #1 dealer!
Go from 23.33¢/kWh to 11.48¢/kWh
(up to 50% savings)
Store your heat during off-peak hours
Even, radiant heat - perfect for you
100% Efficient - helps the local grid
How Thermal Storage Works
How Time of Day Rates Work
How You Save Money
Time-of-day (TOD) rates work by billing a rate more reflective of the actual cost of making and delivering power at different times, meaning power is cheapest overnight and on weekends and holidays when overall demand on the electricity system is lower. Power is also more expensive during winter days, when demand is the highest.
In order to qualify for the TOD rate, you must have an electric-based space heating system that has the capacity to store heat with appropriate timing and controls in place and approved by Nova Scotia Power.
ETS Works Smarter For You
Electric thermal storage (ETS) is a specialized electric heater that stores heat during off-peak hours when electricity costs are the lowest, and then releases the stored heat when it is required. ETS can deliver savings by storing up heat at night, taking advantage of the cheaper TOD power rate. You can save money and energy while keeping your home cozy and comfortable around the clock.
Testimonials
“I had Ignite Energy install two heat pumps and an ETS unit in my 2900 sq. foot home. Heat pump on the top floor, one on the middle floor and an ETS unit in my finished basement. I saved 40% on my NSP bills in 2021! And having the air conditioning in the summer and warm, radiant heat from the ETS in my basement in the winter is fantastic! Wish I had them installed years ago.”
Paul Birmingham
Cole Harbour, NS
"Peter and his team installed an ETS unit in my home and he set up the financing directly through NSP and was added to my power bills. Paying for the unit combined with the savings, my power bill is still cheaper than before Ignite Energy installed the ETS. I also received a great rebate through NSP!"
Chris Miller
Dartmouth, NS
“We were in the market for heat pumps to help us with out heating costs in our 50 year old home heated with electric baseboards. We received several quotes and while most concentrated on selling us a brand, Peter looked to sell us a solution that would best meet our needs. We proceeded with a ductless heat pump and 2 ETS units. I would not hesitate to use or recommend Peter again for any heating or electrical improvements.”
Robert Warner
Dartmouth, NS
Plan For The Future, Be Efficient Now
FAQ
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How can I qualify for the TOD rate?In order to qualify for the TOD rate, you must have an electric-based space heating system that has the capacity to store heat with appropriate timing and controls inplace and approved by Nova Scotia Power.
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How can I save money with these rates?Your electric space heating and hot-water systems account for the majority of the energy you use, so a significant way to save money is by using electricity at times when the lowest rates are in effect. You can do this automatically by using thermal storage for space heating and controlling your electric water heater. It's easy to cutcosts even more by using appliances like your washer, dryer and dishwasher during the "off-peak" period. Optional appliance controls can help you do this automatically. All these things mean savings on your total energy bill.
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How do you know what to bill me?Qualifying customers will have their regular electric meter replaced with a time-of-day (TOD) meter. A TOD meter records the amount of power used, the time of day the usage occurred, and the season that we are in. The TOD meter even keeps track of the holidays when power is approximately half the standard residential rate. TheTOD meter measures all activity requiring power and the customer is billed at the cost in effect when the power is used. As an example, a TOD customer doing theirlaundry on a weekday during the "on-peak" period is paying a premium price for the power they use. The same load of laundry during the "off peak" is at approximately half of the standard residential rate.
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What days count as holidays?• New Year's Day • Good Friday • Easter Monday • Victoria Day • Canada Day • Natal Day • Labour Day • Thanksgiving • Remembrance Day • Christmas Day • Boxing Day • Heritage Day
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How can I use the majority of my power in "Off-Peak" times?There are various electric-based space heating systems that qualify for use with the TOD rate because they draw energy during low cost "off-peak" times and store the heat for release later in the day. This is known as thermal storage. A traditional electric-based space heating system uses power on demand and draws electricity as needed, when needed. An electric-based thermal storage space heating system draws the majority of its energy during "off-peak" times – saving you money.
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What rate is in effect at what time?The time-of-day (TOD) schedule is easy to follow. Power used on weekends, holidays and during nighttime hours (11:00 p.m. to 7:00 a.m.) is charged at the "off peak" rate(approximately half of the regular residential rate). It is during this "off-peak" time that an ETS heating system will draw power, convert the energy to heat, and store it forcontrolled release over the course of the day. Your water heater can be controlled to heat during this time as well. The "mid-peak" period covers daytime power use from 7 a.m. to 11 p.m. from March to November and from 12 noon until 4 p.m. in December, January and February. Duringthis time, the cost for electricity is at the regular residential rate, while the nighttime and weekend cost remains at approximately half price. The "on-peak" (1.437 times the regular residential rate) period is in December, January and February from 7:00 a.m. - 12:00 noon and from 4:00 p.m. until 11:00 p.m. onweekdays only. During these months, energy used during nighttime hours (11:00 p.m. to 7:00 a.m.) and on weekends remains at approximately half the regular residential rate.
