Time-of-day power tariff coming for retail customers
Live MintNEW DELHI : The government is planning to extend the time-of-day power tariff system to retail customers, two people aware of the matter said. Though existing rules permit time-of-day tariff, its implementation will be decided by respective state regulatory commissions, they said, adding the Forum of Regulators, comprising central and state electricity regulatory commissions, has already discussed the matter. According to one of the two people cited above, the system will initially work for around four months, possibly April-May and September-October, when the demand peaks and the country faces power shortages. The system, under which power consumption during peak-demand hours costs more and during lean-demand hours costs less, aims to lower consumption and load during peak-demand hours.