The Ministry of Power has released a new draft for the tariff model of charging stations. Time-of-day tariff has been provided in this draft.
If you are planning to buy an electric vehicle or if you have an electric vehicle, then this news is important for you. The Ministry of Power has released a new draft for the tariff model of charging stations. In this draft, time of the day tariff has been provided. According to this, there will be different power tariffs in the morning, afternoon and evening.
In the draft issued for National Electricity, some new provisions related to the model of tariffs for charging stations have been made. In this, the model of time of the day tariff will be adopted. Meaning, electricity rates for charging stations will be different in the morning, afternoon and evening on the same day.
Different power tariffs in the morning, afternoon and evening
According to CNBC-Awaaz report, it will be completely dependent on demand and supply. Electricity rates will be highest in peak hours. Charging an electric vehicle in the evening will be the most expensive. Electricity rates will be lower in the morning. So it can be economical for you.
Will rate up to regulator according to demand-supply
Regulators will decide the electricity rates based on demand and supply. Electricity rates may vary for public charging stations. Electricity rates may also be different for those installing private charging stations. At the same time, electricity rates will be different for those installing private charging stations. The tariff will be fixed according to the load.
Aggregators who set up public charging stations will be allowed to buy renewable energy from the open market. This does not make them dependent on discoms. This draft has been issued and the Ministry of Power has sought opinion from all the stakeholders and it will be implemented after that.
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