Flexible billing is used for more accurate and market-based pricing of electricity.
It prevents inefficiency and price distortion by closely aligning prices with production and distribution costs.
Flexible billing allows for variation in electricity prices based on market supply and demand.
Prices increase when demand is high and supply is low, and decrease when demand is low and supply is high.
Another benefit of flexible billing is stimulating demand response. By differentiating prices throughout the day, electricity companies can motivate consumers to adjust their electricity consumption according to the prices.