Soon, different power rates for peak, off - peak hours

New Delhi: Power regulator Delhi Electricity Regulatory Authority (DERC) has fast-tracked the proposal to introduce different tariffs during peak and off-peak hours, and the move will be implemented this year. The differential tariff is expected to change power consumption patterns in the Capital, reducing the demand gap in peak and off-peak hours.

Following the implementation of the new tariff method, power consumers in the Capital are expected to get advanced metering systems that will give them real-time information on the price of power — depending on availability and procurement cost. This metering system, popular in the US as well as European countries, will have the option of making energy consumption a matter of informed choice as consumers will be able to shift their power usage to non-peak hours, thereby, saving on power cost.

with thanks : FinancialExpress : LINK for detailed news.