Electricity Tariff:
Various Types of Electricity Tariff : The electrical energy produced by a power station is delivered to a large number of consumers. The consumers can be persuaded to use electrical energy if it is sold at reasonable rates. The tariff i.e., the rate at which electrical energy is sold naturally becomes attention inviting for electric supply company. The supply company has to ensure that the tariff is such that it not only recovers the total cost of producing electrical energy but also earns profit on the capital investment. However, the profit must be marginal particularly for a country like India where electric supply companies come under public sector and are always subject to criticism. In this chapter, we shall deal with Various Types of Electricity Tariff with special references to their advantages and disadvantages…