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MSMEs to Benefit from ToD Tariffs by Shifting Consumption during Solar Hours, says Power Minister
ToD tariff for commercial and industrial consumers with maximum demand more than 10kW would be made effective from April 1, 2024.
July 29, 2023. By Anurima Mondal
As the tariff during the solar hours is all set to be at least 20 percent less than the normal tariff, the consumer including MSMEs can shift consumption during solar hours when power cost is less and can be benefited, stated Power Minister RK Singh.
Ministry of Power has recently issued the Electricity (Rights of Consumers) Amendment Rules, 2023 wherein the rule for Time of Day (ToD) Tariff has been specified.
As per the rules, ToD tariff for commercial and industrial consumers with maximum demand more than 10kW would be made effective from April 1, 2024. Meanwhile, the ToD tariff for other consumers except agricultural consumers shall be made effective not later than April 1, 2025.
During the peak period of the day, ToD tariff for commercial and industrial consumers would not be less than 1.20 times the normal tariff. For other consumers, it shall not be less than 1.10 times the normal tariff.
Tariff for solar hours to be specified by the State Commission shall be at least twenty percent less than the normal tariff for that category of consumers.
Ministry of Power has not received any representations from MSME entrepreneurs. Further, the ToD tariff comprising separate tariffs for peak hours, solar hours and normal hours, sends price signals to consumers to manage their load in accordance with the tariff.
Ministry of Power has recently issued the Electricity (Rights of Consumers) Amendment Rules, 2023 wherein the rule for Time of Day (ToD) Tariff has been specified.
As per the rules, ToD tariff for commercial and industrial consumers with maximum demand more than 10kW would be made effective from April 1, 2024. Meanwhile, the ToD tariff for other consumers except agricultural consumers shall be made effective not later than April 1, 2025.
During the peak period of the day, ToD tariff for commercial and industrial consumers would not be less than 1.20 times the normal tariff. For other consumers, it shall not be less than 1.10 times the normal tariff.
Tariff for solar hours to be specified by the State Commission shall be at least twenty percent less than the normal tariff for that category of consumers.
Ministry of Power has not received any representations from MSME entrepreneurs. Further, the ToD tariff comprising separate tariffs for peak hours, solar hours and normal hours, sends price signals to consumers to manage their load in accordance with the tariff.
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