Modified Electricity Tariff Models for Low Tension Clients of Maharashtra

Two new electricity tariff models for low tension domestic clients in Maharashtra, India, are given in this study. They integrate conventional slab-wise tariff structures, time-of-day tariff structures, and a voluntary provision to incorporate renewable energy use through net-metering. Currently in India only Kerala state is offering time-of-day tariff and other states following normal tariff structure with some or little variation. The proposed models have several benefits, including (1) benefits of the existing slab-wise tariff, (2) provision to minimize the energy bill while using the same quantity of electricity, (3) minimizing the need for new generators for supplying peak load by reducing the load during peak hours, and (4) resulting fuel cost savings and reduction in carbon emissions. In MATLAB-GUIDE, the proposed models are designed and built, and an application is established to evaluate them with real-time data. The findings of comparison between the existing tariff and the proposed model tariffs (I and II) are very encouraging and they prove the effectiveness of the proposed tariff structures.