Electricity costs

Off-Peak, Mid-Peak, Peak: Where You Shift Load Decides the Saving

Key summary

Off-peak runs from 22:00 to 8:00 the next day, and peak runs from 15:00 to 21:00 in summer, spring, and fall. Under Industrial (B) High-Voltage A, Optional Tariff II, the peak unit price is roughly double the off-peak price, and peak load shifted to nighttime or holidays is also excluded from the basic-charge calculation.

Electricity costs · September 1, 2026 · 7 min read

Contents (8)

If the energy charge box on your bill has three lines, those three lines are off-peak, mid-peak and peak. It is the same 1kWh, but priced differently according to when you used it. This is one of the few places where you can reduce the bill without changing any equipment.

What are off-peak, mid-peak and peak?

They are time bands divided by how heavily national electricity demand is concentrated. When demand is concentrated, even expensive generators have to run, so the unit price is high; in the small hours it is low.

Under Article 38(2) of the Basic Terms of Supply, only contract types where a time-of-day meter is installed are in scope, and among industrial types those are (A) II and (B). If the energy charge on your bill is a single line, you are not in scope.

What hours do the bands run from and to?

The authoritative source for the time bands is not the tariff table but item 1 of Appendix 3 of the Basic Terms of Supply (the seasonal and time-of-day classification table) (in force 1 July 2026). Summer and spring-autumn share the same bands, and only winter differs.

Time bandSummer, spring and autumnWinter
Off-peak22:00-08:0022:00-08:00
Mid-peak08:00-15:00, 21:00-22:0008:00-09:00, 12:00-16:00, 19:00-22:00
Peak15:00-21:0009:00-12:00, 16:00-19:00

The lengths of the three bands are the same regardless of season — off-peak 10 hours, mid-peak 8 hours, peak 6 hours. All that changes with the season is where they sit. What changed and why is in the time-of-use tariff reform explained.

Do the time bands differ by season?

They do. And the season is divided by date, not by billing month. The boundaries of the seasons are set by the same item 1 of Appendix 3 of the Basic Terms of Supply.

SeasonPeriod
Summer1 June - 31 August
Spring and autumn1 March - 31 May, 1 September - 31 October
Winter1 November - the last day of February of the following year

If your meter reading date is not the first of the month, one bill will contain two seasons mixed together. For high-voltage large-capacity customers the split is by actual consumption either side of the season boundary date; otherwise it is by the ratio of days (Article 48(9) of the Implementation Rules).

A transmission tower standing beyond dry grass. Insulators hang from both arms and the transmission lines run out to left and right.
It is the same 1kWh arriving over the same line, and yet it is priced differently according to when you used it. Photo: Unsplash free licence

How much do the unit prices differ?

Considerably, by season. This is where the most common misunderstanding arises — the widely quoted "peak is twice off-peak" is the summer unit price, and in spring and autumn that gap shrinks to a third of it. Winter sits in between.

Time bandSummerSpring and autumnWinter
Off-peakKRW 116.0/kWhKRW 116.0/kWhKRW 123.0/kWh
Mid-peakKRW 163.8/kWhKRW 133.4/kWhKRW 164.0/kWh
PeakKRW 229.0/kWhKRW 150.9/kWhKRW 204.6/kWh

These are for Industrial (B) high-voltage A, Optional II, from Appendix 1 of the Basic Terms of Supply (the monthly electricity tariff table). The gap between peak and off-peak is KRW 113.0 per kWh in summer (1.97 times), KRW 81.6 in winter (1.66 times) and KRW 34.9 in spring and autumn (1.30 times). Move the same 1kWh and the effect varies by more than threefold depending on the season.

Unit prices are published separately for each contract type, supply voltage and optional tariff, so you need to check the tariff table for your own conditions.

How much do you save by moving operations?

The consumption you moved × the difference in unit price, and moving the same amount produces amounts that vary by more than threefold depending on the season. As an example, move 1,000kWh a month from peak to off-peak and — in summer that is (229.0 − 116.0) × 1,000 = KRW 113,000 a month, while in spring and autumn it is (150.9 − 116.0) × 1,000 = KRW 34,900 a month. These are numbers you get with no capital investment and no reduction in consumption, but converting the summer figure into a full-year result will greatly inflate the saving.

Does the basic charge also change with where you move to?

It does. A peak moved to the night or a public holiday drops out of the billing demand calculation altogether, while a peak moved to Saturday is captured as it stands. That is because, under the proviso to item 1 of Appendix 3 of the Basic Terms of Supply (in force 1 July 2026), billing demand takes only the maximum demand in mid-peak and peak hours, and public holidays are metered as off-peak hours.

DestinationEnergy charge (summer)Energy charge (spring and autumn)Basic charge (billing demand)
Off-peak (22:00-08:00)KRW 113.0 saved per kWhKRW 34.9 saved per kWhThe peak is not captured
A public holidayThe whole day is metered as off-peakThe whole day is metered as off-peakThe peak is not captured
SaturdayThe peak-hours portion is metered as mid-peakThe peak-hours portion is metered as mid-peakThe peak is captured as it stands
Weekday mid-peakKRW 65.2 saved per kWhKRW 17.5 saved per kWhThe peak is captured as it stands

The savings are measured against peak, on Industrial (B) high-voltage A, Optional II unit prices. Move the same load and the saving comes in two layers if it goes to the night or a public holiday, and one layer if it goes to Saturday or to daytime mid-peak. Load-shifting advice in circulation usually counts only the first layer.

There are two traps. The public holidays meant here are the holidays under 「관공서의 공휴일에 관한 규정」 (the Regulation on Holidays for Government Offices), and temporary public holidays are treated as weekdays, so a peak from special working on a temporary public holiday is reflected as it stands.

Also, this special treatment applies only to contract types with time bands (General and Industrial (A) II and (B), and Educational (B)). The calculation procedure is in how the basic charge is calculated.

In spring and autumn there is also a weekend discount tariff. Article 67-7 of the Terms (weekend discount tariff) provides the basis, and Article 48-7 of the Implementation Rules sets out the detail.

Weekend discount tariffDetail
Who it applies toIndustrial Power (B) customers and electric vehicle charging power customers (Rules, Article 48-7(1))
When it appliesSpring and autumn — 1 March to 31 May, 1 September to 31 October (same Article, paragraph 2)
Hours it applies11:00-14:00 on public holidays, and 11:00-14:00 on Saturdays that are not public holidays (same Article, paragraph 2)
Discount rateA 50% discount on the energy charge in those hours (same Article, paragraph 4)

This scheme has an end date. Under the Supplementary Provisions to the Terms (2026.3.16), paragraph 2, item 3, it has effect from the date of commencement until 31 December 2030, and whether to extend it is reviewed every three years, analysing take-up of weekend demand shifting and the effect on easing output curtailment. If you are planning capital investment on the assumption of the discount, you have to put this end date into your payback period.

An outdoor substation beyond a barbed wire fence. Towers, switchgear and insulators stand in rows with conductors running between them.
Shifting load means avoiding the hours when this grid is at its busiest. The difference in unit price by time band is the price put on that busyness. Photo: Unsplash free licence

Is running at night always better?

No. There are three things to look at together.

First, the off-peak unit price went up with the reform of 16 April 2026. On Industrial (B) high-voltage A, Optional II, off-peak rose from KRW 110.9 to KRW 116.0, up KRW 5.1 per kWh in every season. Peak, by contrast, came down, but by different amounts in different seasons — in summer from KRW 245.9 to KRW 229.0, down KRW 16.9, and in spring and autumn from KRW 164.1 to KRW 150.9, down KRW 13.2 (the deferral calculation formula in the Supplementary Provisions to the Terms, 2026.3.16, paragraph 2, item 4 states the same differences). For a plant with a large night-time share, this reform has made things worse.

Second, from 22:00 to 08:00 the following day is the leading power factor band, so falling short of the benchmark only adds a surcharge to the basic charge, with no discount available. Increase night-time operation and the power factor charge moves with it.

Third, night-time labour costs and the cost of organising shifts may exceed the saving.

Where do we check our plant's usage pattern?

The starting point is downloading the time-of-day consumption curve from KEPCO PowerPlanner. On what we have confirmed from a high-voltage account, we were able to obtain 96 points a day, that is a curve at 15-minute intervals (our own measurement, June 2026).

Three things to check once you have the curve

  • How heavily consumption is concentrated in the peak band (15:00-21:00 in summer and spring-autumn)
  • Which of those processes can be moved — starting with the ones whose output is not consumed immediately, such as thermal storage, charging and washing
  • How high the instantaneous maximum demand in the destination band rises once you have moved
Leave out the third and you will miss the basic charge.

How to obtain it is in how to get your KEPCO usage data.

  • [Source: KEPCO Basic Terms of Supply, Appendix 3 (seasonal and time-of-day classification table), item 1 — the seasonal and time-of-day bands and the proviso on metering public holidays and Saturdays, in force 2026.07.01]
  • [Source: KEPCO Basic Terms of Supply, Appendix 1 (monthly electricity tariff table) — Industrial Power (B) high-voltage A, Optional (II), in force 2026.07.01]
  • [Source: KEPCO Basic Terms of Supply, Article 67-7 (weekend discount tariff) and Implementation Rules, Article 48-7 (weekend discount tariff), in force 2026.07.01]
  • [Source: KEPCO Basic Terms of Supply, Supplementary Provisions (2026.3.16), paragraph 2 — application dates by contract type, the effective period of the weekend discount tariff, and the deferral calculation formula, in force 2026.04.01]
  • [Source: KEPCO Basic Terms of Supply, Article 38 (installation standards for meters) and Implementation Rules, Article 48 (calculation of charges), paragraph 9, in force 2026.07.01]

Note: The time bands and seasonal divisions follow item 1 of Appendix 3 of the Basic Terms of Supply in force 1 July 2026, and the unit prices follow Industrial (B) high-voltage A, Optional II in Appendix 1 of the same edition. The application date of the amended provisions of Appendix 3 differs by contract type (Industrial (B) 16 April 2026; General (A) II, Industrial (A) II, General (B) and Educational (B) 1 June 2026), so check your own contract type first. The KRW 113,000 and KRW 34,900 a month are examples.

OpenEnergy Editorial Team

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