This chapter proposes the interpretation of the concept of “power supply system efficiency” and a mathematical model that focuses on minimization of electricity supply expenses while observing the time criteria. The research examines the constituents of the specified time criteria, the calculations of power outage time, and the time of power supply restoration. In addition, this chapter describes the constituents of implementation time for a technological connection of rural consumers to electric networks and the statistical data on the time of inconsistency between power quality and regulatory requirements. Furthermore, this chapter investigates the applying possibility of the proposed mathematical model for the development of measures that can improve power supply system efficiency. In order to improve electricity supply reliability of rural consumers, the technical condition monitoring of power lines and electrical network automation is carried out.
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