A Guide To Electricity
How the electricity charge is calculated
How is the electricity charge determined?
- Final payment deadline
If payment is not made by the above-indicated final payment deadline (21 days from the payment deadline), you will be notified again and your electricity may be disconnected.
The electricity bill is calculated every month by reading meters and will be notified.
Once a month a person will come around to read the meter and will leave a"meter reading note". The electricity charge is calculated based on the amount used, then the bank transfer form is issued for your payment.
The payment is due 31 days after the meter-reading date.
• Your Electricity Bill
If 31 days pass from the meter-reading, a late payment charge will be billed at a 10% annual interest rate (approximately 0.03% per day) based on the number of days elapsed. As a general rule, this charge is calculated immediately after payment and it will be charged together with your electricity bill. However, if you pay within 10 days from the day following the deadline for payment, you will not be charged for late payment.