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TOD related to tariff stands for:
Question

TOD related to tariff stands for:

A.

Tariff of Distribution

B.

Tariff of Day

C.

Time of Day

D.

Time of Distribution

Correct option is C

· Time of Day (TOD) tariff refers to a pricing strategy used by utility companies where the cost of electricity varies based on the time of day.
· Under this scheme, electricity prices are higher during peak demand periods and lower during off-peak times.
· This encourages consumers to use electricity during off-peak hours, helping to balance demand and reduce the strain on the power grid.

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