ELECTRICITY IS ONE OF THE FOUR PILLARS OF PHYSICS
IN SCIENCE, WHICH ARE HEAT, LIGHT, ELECTRICITY & MAGNETISM.
IT IS THE PRIMARY DRIVE SOURCE FOR MANY EQUIPMENTS,
FURNACES, MOTORS, LIGHTING ETC. IN INDUSTRIES AS WELL
AS FOR COOKING, COOLING, HEATING, OPERATION OF TV,
SOUND SYSTEMS, COMPUTERS ETC. IN THE DOMESTIC SEGMENT.
IT COSTS A LOT FOR GENERATION OF ELECTRICITY BE IT HYDRO-
ELECTRIC, THERMAL POWER PLANT OR NUCLEAR POWER PLANT.
THE COST OF POWER GENERATED IS RECOVERED FROM THE ULTIMATE
USERS ( BOTH BULK CONSUMERS AND DOMESTIC USERS AT
DIFFERENT SLABS OF RATES ) WITH ADDITION OF OVERHEAD
EXPENDITURE FOR DISTRIBUTION , OPERATIONAL COSTS AND
OTHER EXPENSES. FOR THIS PURPOSE ELECTRICAL METERS ARE
INSTALLED AT EACH CONSUMER'S PLACE.
FOR CONSUMERS WHERE SUCH METERS ARE NOT INSTALLED,
CONSUMPTION IS CALCULATED ON THE BASIS OF NUMBER OF
POINTS IN USE AT THAT LOCATION, I.E. 15A POINTS, 5A POINTS,
LIGHT POINTS, POWER POINTS, ETC. FOR WHICH RATES ARE
PRE-DETERMINED AND CHARGED ACCORDINGLY.
HOPE YOU ARE FULLY CLARIFIED.