Electric utility companies usually measure energy consumption in two quantities- the total cumulative energy consumed and the maximum power used for a given period. Thus, there are two charges in any given billing period especially for larger industrial customers: energy charges and demand charges. Residential customers are typically charged for the energy consumption only. The […]
Measuring Energy and Demand Charges for Electricity
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Tariffs: Objectives, Principles and Types | Electricity
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In this article we will discuss about:- 1. Objective of Tariffs 2. Principal Factors Affecting Framing of Tariffs 3. Types 4. Spot Pricing. Objective of Tariffs: Tariff means the schedule of rates or charges. Tariff, in case of electric supply, means the schedule or rates framed for supply of electrical energy to different classes of […]