https://sputniknews.in/20230623/india-to-raise-nightime-and-cut-daytime-electricity-prices-to-boost-solar-generation-2642152.html
India to Raise Nightime and Cut Daytime Electricity Prices to Boost Solar Generation
India to Raise Nightime and Cut Daytime Electricity Prices to Boost Solar Generation
Sputnik India
The power ministry on Friday introduced new electricity rules in the country and said they would allow for cuts in power tariffs of up to 20% during the day and increases of up to 20% during peak night hours.
2023-06-23T18:53+0530
2023-06-23T18:53+0530
2023-06-23T18:53+0530
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The Indian Power Ministry announced new rules in the country on Friday that will reduce electricity prices by up to 20% during the day but raise them up to 20% during peak night hours.The policy's aim to encourage consumers to schedule electricity usage for washing clothes, cooking, and other purposes during the daytime or solar hours to reduce consumption during the night.It looks to prioritize solar generation during the day over fossil fuel provision at night.The 'Time of the Day' (ToD) tariff will come into effect from April 2024 for commercial and industrial consumers and a year later for most other consumers, except those in the agricultural sector.
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electricity rule, energy capacity, fossil fuels, net zero carbon emission, power tariffs, electricity consumer, e electricity usage, solar hours, thermal, hydropower, r. k. singh, time of the day, electricity tariff
electricity rule, energy capacity, fossil fuels, net zero carbon emission, power tariffs, electricity consumer, e electricity usage, solar hours, thermal, hydropower, r. k. singh, time of the day, electricity tariff
India to Raise Nightime and Cut Daytime Electricity Prices to Boost Solar Generation
Deexa Khanduri
Sputnik correspondent
The Indian government aims to reduce fossil fuel-based energy supply to 65% by 2030 and net zero carbon emissions by 2070.
The Indian
Power Ministry announced
new rules in the country on Friday that will reduce
electricity prices by up to 20% during the day but raise them up to 20% during
peak night hours.
The policy's aim to encourage consumers to
schedule electricity usage for washing clothes, cooking, and other purposes during the daytime or
solar hours to
reduce consumption during the night.
It looks to prioritize solar generation during the day over fossil fuel provision at night.
"During non-solar hours,
thermal and hydropower as well as gas-based capacity is used - their costs are higher than that of solar power - this will be reflected in time-of-day tariff," Power Minister R. K. Singh said in a statement.
The
'Time of the Day' (ToD) tariff will come into effect from April 2024 for commercial and industrial consumers and a year later for
most other consumers, except those in the agricultural sector.
