I used to think that for commercial aircraft from Airbus, Boeing, Embraer, etc., the take off power was always maximum and selected by the TOGA selection on the thrust levers. But I have been told that some companies would lower the takeoff power to save money (at the expense of a longer take-off length).
So the question is: for regional, continental, and long-haul aircraft, is the takeoff power always maximum or can it be adjusted depending on the configuration? And can lowering takeoff power allow savings?