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There will
be a need
to replace
electricity meters
with TOU Programmable meters with time
stamping capability.
TIME OF
USE
PRICING
l Under the
TOU scheme,
the consumer has
the chance
to lower his
electric bills
by shifting his
electricity use to off-peak
periods where the rate of
electricity is lower.
based
plants and delay the
need to construct
additional generating facility. This
will result to lower
operating costs for
generation companies
and lower tariffs to endusers.