peak rate
Top billing level
Peak rate is the highest charge applied during periods of maximum demand.
Utilities use peak rates for electricity during high-usage hours; phone companies historically charged peak rates for daytime calls.
The term extends to any pricing that varies by demand: Hotels charge peak rates during the summer season.
Opposite of off-peak rate.
- maximumGreatest permitted quantity
- surgeSudden powerful increase
- rush hourBusiest commuting period
- capacityMaximum amount containable
- bandwidthData transmission capacity
bandwidth limit · data cap · demand · throttle · ceiling · limit · usage · consumption · megabits · throughput · congestion · overage · billing · burst · time of use · saturation · network · internet service
peak rateoff-peak rate
Reduced price during quiet periods
off-peak pricing · weekend rate · night rate · discount rate · reduced rate
peak, rate, peaks, peaked, peaking, rates, rated, rating, ratings