adjective [ADJECTIVE noun] You use off-peak to describe something that happens or that is used at times when there is least demand for it. Prices at off-peak times are often lower than at other times. [...]
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Off-peak travel, aka at a time when demand is lower, is a great way to take advantage of less expensive flights, fewer crowds, and more options for hotels and getaways. Granted, the cons are that, typically, the trip is during less than ideal weather, for example.
You can book your Off-Peak tickets at any time, but you must travel during the middle of the day, in the evenings or at any time on weekends, avoiding the morning and late-afternoon rush hour.
'Peak electricity hours' refers to the specific time of day at which electrical consumption is at its highest, and electricity rates are their most expensive. Off-peak hours are when electricity demand is at its lowest, and electricity prices are at their cheapest.
We find that prices fall on average during seasonal demand peaks for a product, largely due to changes in retail margins. Retail margins for specific goods fall during peak demand periods for that good, even if these periods do not coincide with aggregate demand peaks for the retailer.
Railroad fare types. These are valid for 60 days, including the date of sale. Off-peak tickets are subject to an additional surcharge, payable to the conductor, if used on a peak train.
Off-peak electricity hours typically happen around 10am to 5pm and 9pm to 6am, the times when people are out of the house or asleep. Saturdays and Sundays typically count as off-peak periods no matter the season, and some utility companies also include holidays occurring during the week in their off-peak rates.
Off-peak tickets are cheaper than anytime tickets – an off-peak return is usually only slightly more than an anytime single, but as the name implies, cannot be used during weekday peak periods.