Electricity cost for charging

Electricity tariff is a critical fiscal and regulatory tool available to state government. Tariffs differ from one state to the next. Each state sets its own rates for distinct consumer groups, therefore the two sides of the tariff, energy and demand charges, differ from one another.

The National Tariff Policy, on the other hand, remains the overarching guidance for SERCs in determining tariffs, stating that the electric vehicle (EV) commission shall not exceed the Average Cost of Supply (ACoS) by more than 15%.

Check out tariff applicable in your state below:

Extempted Demand Charges:

The fixed or demand charge for an electricity connection is levied on the sanctioned load for the connection or the maximum power demand registered during the billing period, which must be paid irrespective of the actual power usage. Considering the low demand for charging during the early phase of EV adoption, demand charge exemptions for EV charging connections can improve the business case for setting up charging points.

Reduced Energy Charges:

Energy charges are the variable component of an electricity tariff, applied on the total volume of energy/electricity consumed during the billing period. Reduced energy charges for EV charging benefit CPOs, which can reduce their operational expenditure, and EV users benefit through lower charging costs.