Time-of-use pricing

{
  "id": "MLC-T-ENV-028161",
  "term": "Time-of-use pricing",
  "field": "Environment",
  "term_source": "Time-of-Use Pricing",
  "definition": "Time-of-use pricing (TOU) typically applies to usage over broad blocks of hours (e.g., on-peak=6 hours for summer weekday afternoon; off-peak= all other hours in the summer months) where the price for each period is predetermined and constant.",
  "abbreviation": "TOU",
  "subject": "Social and economic factors",
  "references": [
    "DOE Federal Smart Grid Initiatives Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/time-of-use-pricing/"
}