Study and Implementation of Real Time Tariff for Residential Load in Other Countries and Proposing the Same for India
Archana S. Talhar1, Sanjay B. Bodkhe2

1Archana S. Talhar, Department of Electrical Engineering, Ramdeobaba College of Engineering and Management, Nagpur (Maharashtra), India.
2Sanjay B. Bodkhe, Department of Electrical Engineering, Ramdeobaba College of Engineering and Management, Nagpur (Maharashtra), India.
Manuscript received on 07 March 2019 | Revised Manuscript received on 20 March 2019 | Manuscript published on 30 March 2019 | PP: 282-287 | Volume-8 Issue-5, March 2019 | Retrieval Number: E3300038519/19©BEIESP
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Abstract: The growth of any country depends on the availability, accessibility and affordability of electricity to all connected consumers; hence the electricity is the key for any developed country. To make electricity affordable and available to all consumers, many countries started implementing time based pricing to interested consumers. In India, energy tariff is slab wise for the residential load. The philosophy behind this slab wise tariff is to facilitate or reward low energy users and charge extra for high energy users. But in that case, the middle class group of society has no encouragement for optimal utilization of electricity. Therefore, in such circumstances the real time tariff is very much needed for residential consumers also. Some of the developed countries like Australia, United States (US), United Kingdom (UK), Europe, Japan, etc. are already implementing this concept. They have found that real time tariff is superior than slab wise tariff. In India, it has been a concern for economically poor class. A policy can be made for consumers below the poverty line or low income group; for them slab wise tariff will be continuing and for rest others, a provision of real time tariff can be made. Hence in this work proposing real time tariff for residential consumers in India. The existing tariff structure for India and other countries is discussed in this work and proposing the solution for the Indian residential sector.
Keyword: Demand Side Management, Energy Tariff, Mixed Tariff, Real Time Tariff, Smart Metering.
Scope of the Article: Smart Sensors and Internet of Things for Smart City