The Punjab State Power Corporation Limited (PSPCL) on June 14, 2024, notified regarding the Time of Day (TOD) for NRS/BS consumers with Sanctioned Contract Demand of more than 100 kVA, all LS/MS consumers (including Rural/Urban Water Supply Schemes & Compost/Solid Waste Management Plants) and EV charging stations for the FY 2024-25.
The following has been stated namely: -
• It states that the TOD tariff shall apply to NRS/BS consumers with Sanctioned Contract Demand exceeding 100 kVA, all LS/MS consumers (including Rural/Urban Water Supply Schemes & Compost/Solid Waste Management Plants), and EV charging stations.
• It states that the TOD tariff shall be implemented for the complete FY 2024-25 i.e., by considering the peak season from June 16 to October 15, during FY 2024-25.
• It states that the cumulative effect of the TOD rebate on the Energy Charges (including reduced Energy Charges for consumption exceeding threshold limit/ use of electricity exclusively during night hours) at any time shall be limited to the Energy Charge of Rs. 5.31/kVAh.
• It states that revised rates shall be applicable from June 16, 2024, to March 31, 2025.
Kindly refer to the attached document for the applicable TOD tariff.
[Notification no. - commercial circular no: 14/2024]