[awf-peek, of-]
of, pertaining to, or during a period of less than maximum frequency, demand, intensity, or use: the off-peak travel season; off-peak train fares.
lower than the maximum: off-peak production.

1915–20 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
of or relating to services as used outside periods of intensive use or electricity supplied at cheaper rates during the night

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

1920, originally in ref. to electrical systems.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
What the college needed was fewer students during the congested hours and more
  in the off-peak afternoon hours.
It can shift hours of off-peak generation to on-peak periods, over a wide range
  of operation.
Off-peak pricing is a common way of persuading people to run appliances such as
  washing machines at times of low demand.
Poverty too could be better addressed by targeted subsidies, off-peak discounts
  and other measures.
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