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An explainer on Time-of-Day electricity tariff

Finshots Daily

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Introduction

Finn's Shorts Daily offers a simplified explainer on India's proposed shift from fixed legacy tariffs to tariffs that change according to time. If you charge your electric vehicle during the day, you could end up paying 20% less on your regular electricity bill. Crank up the air conditioning at night and it might add 20% to your bill. This carrot and stick approach is all part of the government's audacious plan to introduce something called the time of day or TOD tariff structure.

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