Energy rates are not always the same in all parts of the country, it varies depending upon the locality. There are various reasons on which energy rates depend, like CO2 taxes, government taxes, subsidies, multi-tiered industry operation, infrastructure, and local weather. Also, these energy rates even vary from user to user. The higher commercial and industrial users take Energy Rates wholesale. It is because they require it for bulk usage. The energy rates vary based on their usage of it, in residential areas, commercial areas, and industrial areas.
The energy rate is evaluated based on the demand usage of a customer. Now, there is a smart meter introduced which helps to know your usage and then try to save it.
In any country, the energy rate is predefined and then is charged according to usage. People are charged with the amount based on their usage. For an industrial area, the …