Your electricity bill may rise or fall up to 20% depending on and off-peak hours; Here's why
India's Centre has amended Electricity (Rights of Consumers) Rules, 2020 to introduce Time of Day (ToD) Tariff and rationalise smart metering provisions. Under ToD, electricity prices will vary according to the time of day, with peak hours costing 10-20% more than off-peak hours.
Centre on 23 June has amended Electricity (Rights of Consumers) Rules, 2020 with two changes to the prevailing power tariff system. The two changes that has been amended are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions.