- Aug 7, 2016
It's the K factor that determines the difference. the base rate is the same, that's correct. But peak rates will have a multiplier, I've seen a lot of 1.5x multiplier, a few 1.7.
Well given that the K factor is decided by the PLN Board of Directors it's hardly what we, outside of RI, would consider a peak/off-peak system. Probably decided by how much the Directors got in kick-backs.