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　max-imize　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.　©　2021　by　the　authors.　Licensee　MDPI,　Basel,　Switzerland.