Tiwari, AbhishekAbhishekTiwariJha, Bablesh K.Bablesh K.JhaPindoriya, Naran M.Naran M.Pindoriya2025-08-312025-08-312023-01-01[9798350327748]10.1109/ISGTAsia54891.2023.103727892-s2.0-85182923402https://d8.irins.org/handle/IITG2025/29276This paper proposes the incentive-based demand response (IBDR) scheme to mitigate the phase unbalancing of the distribution system while considering the additional techno-economical parameters: peak-to-average ratio, line losses, profit maximization of the Distribution Company (DISCOM). Further, an incentive framework based on quantitative measures for end-consumer demand revision is also investigated in this paper. The proposed model's applicability has been tested on a modified IEEE 25-bus unbalanced distribution system. Obtained results can be inferred as guidance for DISCOM to maximize its profit while upholding the distribution system's technical constraints.falseEnergy Cost | Energy Loss | Incentive Based Demand Response | Incentive Framework | Peak-to-Average Ratio | Phase UnbalanceConference Paper20231cpConference Proceeding0