19 5.0 Tiered Pricing Plan Program Exclusive Features - Emerson EE542-1Z User Manual

5.0 Tiered Pricing Plan Exclusive Features
We define a "Tiered Pricing Plan" as one where your electricity rates change based on the
time of day. The following features are only pertinent to users who are enrolled in this type
of utility pricing plan.
Utilities are increasingly looking to "time-of-use" rates as a way to help them balance load
and maintain grid reliability when capacity is scarce. By shifting your consumption to off
peak hours you may significantly lower your energy costs.
If you are enrolled in this type of pricing plan, the thermostat can protect you by
automatically changing the temperature of your home when rates are high.
Specifically, you can determine - in advance - how you want your thermostat to respond
when prices change. You may decide it's worth giving up a few degrees of comfort to save
money when rates reach a certain level.
KEEP IN MIND:
To take advantage of the tiered pricing plan features offered by this thermostat, your home
must be equipped with a smart meter or a gateway that is in communication with your utility
and you must be enrolled in a tiered pricing program.
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