Techno-economic issues of power quality
The power quality issue is as old as the electrical invention. The complexity in the system and day-by-day increasing size forces supply company to pay attention to power quality with new dimensions. With the implementation of new Electricity Act in India, consumers have become more aware of power quality and hence the power supply companies. The chapter focuses on the tariff-related issues correlation with power quality and need of revenue for improving the condition. It is observed that all developing countries have moreover same condition and policies to address power quality. It needs to change and should become more consumer-friendly as well as it should reduce burden from power supply or distribution companies so that it can encourage use of quality power.