The MoP has notified the Electricity (Rights of Consumers) Amendment Rules, 2023. Through this amendment, it has introduced time-of-day (ToD) tariffs, and rationalised smart metering provisions. Under the ToD tariff system, tariff during solar hours of the day will be 10-20 per cent less than the standard tariff, while the tariff during peak hours will be 10-20 per cent higher. The ToD tariff will be applicable to commercial and industrial consumers with a maximum demand of 10 kW, from April 1, 2024 and for all other consumers from April 1, 2025. Further, all types of smart meters will be read remotely at least once in a day and the other prepayment meters will be read by an authorised representative of the distribution licensee at least once in every three months.
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