With　high　proportions　of　renewable　energy　generation　in　power　systems,　the　power　system　dispatch　with　renewable　energy　generation　has　currently　become　a　popular　research　direction.　In　our　study,　we　propose　a　multi-objective　dispatch　model　for　a　hybrid　microgrid　comprising　a　wind　generator,　photovoltaic　(PV)　generator,　and　an　energy　storage　system　to　optimize　the　time-of-use　(TOU)　electricity　price.　The　objective　of　the　proposed　multi-objective　dispatch　model　is　to　maximize　the　profit　of　the　power　company　and　demand　users,　and　minimize　the　proportion　of　users　abandoning　PV　power　and　wind　power.　The　elastic　price　of　the　load　demand　with　a　linear　function　is　employed　to　optimize　the　TOU　electricity　price.　Finally,　we　applied　five　test　cases　to　validate　the　practicability　of　the　multi-objective　dispatch　model.