What is the name of the electricity tariff type that charges less during the day and more during peak hours?.
Differential time-based tariff.
2023 July
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The government has stated its intention to implement different time-based electricity tariffs that would have higher rates during times of peak power consumption and lower rates for an eight-hour window during the day. Time-of-day (ToD) tariff provisions have been incorporated into the Electricity (Rights of Consumers) Rules, 2020, according to a recent announcement from the Ministry of Power.