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New tariff rule to allow up to 20 per cent saving in power bills by planning usa
Updated On: 24 June, 2023 08:10 AM IST | New Delhi | Agencies
For those with smart meters, ToD tariff will be effective immediately after installation of such meters
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The ‘time of the day’ (ToD) tariff provides for varying rates during different times of the day. File pic/Satej Shinde
Electricity consumers across the country will soon be able to save up to 20 per cent in power bills by planning usage during solar hours or day time as the government is set to implement ‘time of the day’ tariff. The ‘time of the day’ (ToD) tariff provides for varying rates during different times of the day and it will allow consumers to avoid electricity usage for washing clothes, cooking and other purposes during peak hours when power rates are higher.
Consumers can now schedule their work like washing or cooking during off-peak hours (daytime or solar hours) when tariff is lower. ToD tariff would be applicable for commercial and industrial consumers, having demand of 10 KW and above, from April 1, 2024. For all other categories of consumers except agricultural, the new rule will be applicable from April 1, 2025.
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