Deposit against consumption

Deposit against consumption

As stated in the Power Supply Contract, PPC collects from each customer an amount as “deposit against consumption” which is refunded without interest on the final bill with the termination of the Power Supply Contract after offsetting possible unpaid obligations.

The above mentioned amount does not include the sense of guarantee, but it is paid to cover part of the amount charged for electricity usage which is collected long after the actual period of power consumption due to technical reasons such as  meter readings, issuance and delivery of bills, bill payment deadline, etc..

The amount of deposit against consumption should be equal to the electricity that the customer would probably consume in-between two billing periods. This amount is calculated with the same way for all PPC customers depending on the type of supply and tariff.

The deposit paid is calculated on the basis of the property surface (in square meters) and on the type of supply.

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