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@article{191384,
        author = {Joshi Pooja Dilipbhai},
        title = {Cost Control and Revenue Management in Electricity Distribution Companies},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {12},
        number = {no},
        pages = {1340-1347},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=191384},
        abstract = {In the power industry, energy distribution companies, or DISCOMs, are essential because they guarantee a steady supply of electricity while preserving their financial viability. However, significant aggregate technical and commercial (AT&C) losses, ineffective cost structures, postponed tariff adjustments, and revenue leaks cause many DISCOMs to experience ongoing financial strain. As a result, revenue management and cost control have become essential tactics for enhancing the long-term sustainability and operational effectiveness of power distribution firms. Optimizing power procurement, cutting transmission and distribution losses, increasing energy efficiency, lowering operating and maintenance costs, and implementing technology-driven solutions like smart grids and sophisticated metering infrastructure are the major goals of cost control. On the other hand, efficient revenue management places a strong emphasis on precise billing, prompt collection, tariff rationalization, closing gaps connected to subsidies, and reducing theft and pilfering through monitoring and enforcement measures. Automation, data analytics, and digitization have greatly improved DISCOMs' capacity to predict demand, control cash flows, and raise customer satisfaction. Government reform programs and regulatory frameworks are also essential for promoting financial accountability and discipline in the distribution industry. This abstract emphasizes how revenue management and cost control are intertwined and how they affect the financial performance, sustainability, and service quality of energy distribution firms. In addition to enhancing DISCOMs' financial stability, strengthening these processes is crucial for guaranteeing reasonable rates, lowering reliance on government subsidies, and creating a robust and effective electricity distribution system.},
        keywords = {Cost control, Revenue management, Electricity distribution companies, AT&C losses, Financial sustainability},
        month = {},
        }