BC Hydro Time-of-Use Rates for Heat Pumps — Save Money

Published: July 23, 2026 — CANRO Heating & Cooling — Greater Vancouver, BC

How Time-of-Use Rates Work

BC Hydro offers optional time-of-use (TOU) rates in some areas. TOU rates charge less for electricity during off-peak hours (11 PM-7 AM) and more during peak hours (4 PM-9 PM). Mid-peak rates apply the rest of the day. The exact rate differences vary — typically off-peak is 30-50% cheaper than peak. TOU is best for households that can shift energy use to off-peak hours.

Optimal Heat Pump Scheduling

If on TOU rates: pre-cool or pre-heat your home during off-peak hours (before 4 PM), reduce heat pump operation during peak hours (4 PM-9 PM) by setting the thermostat a few degrees higher in summer or lower in winter. Use the heat pump auxiliary heat lockout to prevent aux heat from running during peak hours when it is most expensive.

Is TOU Worth It for Heat Pumps?

For heat pump owners with good insulation and a programmable thermostat: TOU rates can save $100-300/year compared to standard tiered rates. For homes that are occupied during peak hours (work-from-home, stay-at-home): savings are less but still positive. Check BC Hydro website for current TOU rates and availability in your area. Switching is optional — you can switch back.

Safety Reminder

If you smell gas, suspect carbon monoxide or believe there is an immediate danger, leave the property and contact emergency services or the appropriate gas emergency authority. Do not remain inside — exit the building immediately and call for help from outside.