OSHEE, 592 million lek from late payment interest - Collections for January-August, the value of late payments decreased compared to the previous year
The delayed settlement of electricity bills by consumers has increased the income of the Electricity Distribution Operator. According to official data, in the period January - August this department collected about 592 million lek from interest on late payments from households, businesses, budgetary and non-budgetary institutions. Compared to the first 8 months of last year, the amount collected from interest has decreased, given that for the same period last year this department collected about 695.5 or 103.5 million lek more than this year.
This value is also lower than the Universal Service Provider's plan. According to the balance sheet, this department planned to collect around 680 million lek from late payment interest, or 13% more than the actual amount.
In total, for the 8-month period, the Electricity Distribution Operator generated around 3 million invoices, for which late payment interest was collected.
According to the contract that OSHEE has signed with its customers, the deadline for settling invoices is the last day of the following month. Meanwhile, failure to pay the monthly obligation within the specified deadline is accompanied by a late payment interest, which is calculated at the rate of 0.1% of the total invoice, for each day of delay. Then, if the consumed energy continues to be unpaid, the contract provides for an escalation of penalties that go up to the interruption of electricity.
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