• Kartik Dhomse
• Kunal Gavit
• Prof Amol Mishra
• Dr Pawan C Tapre

This Electricity tariff setting is a primary instrument of economic regulation. Tariff provides economic signals, which determine the volume and nature of the demand and supply of power. It is not surprising therefore that a considerable portion of the power sector reform effort is expended on rationalizing tariffs. Through this paper we aim to discuss the potential for alternative ways of charging for electricity and providing concessions to improve the affordability of essential electricity use, facilitate the equitable, efficient and full recovery of the cost of supplying electricity and provide clear information to consumers regarding the impact of their electricity use. Many of the existing tariff elements have been formulated over the years as a result of available technology. In reviewing the electricity tariff structures it is therefore important to consider some of the developments in technology particularly with respect to metering which may facilitate a greater variety in tariff structures now or in the future. In this project we are implementing a smart automatic tariff based load controller to optimize and reduce the energy bills of the industries. This controller will be programmed to operate the non priority loads such as water storage tank pumps, water heaters, Air compressors specially during the off peak periods when electrical tariffs are less costly. And turn this loads automatically off whenever the energy costs are higher. This automatic control of non priority loads in industries will be preset by the user / Energy auditor after the site study. User needs an automatic tariff controller because energy electrical rates kept varying each hour of the day and cannot be operated manually.

Demand side management, Smart grid, Microgrid, Smart industry Optimization

"Smart Tariff Controller Based Energy Bill Optimization for Industrial applications", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 4, page no.d339-d344, April-2024, Available :http://www.jetir.org/papers/JETIR2404347.pdf

"Smart Tariff Controller Based Energy Bill Optimization for Industrial applications", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 4, page no. ppd339-d344, April-2024, Available at : http://www.jetir.org/papers/JETIR2404347.pdf