Electricity supply companies give consumers the opportunity to pay their electricity bills in installments.
Analytically, according to the newspaper "TA NEA", the settlement programs could be distinguished as follows:
1. Personalized settings based on profiles and the amount of debt
Private electricity suppliers inform their customers about the possibility of settling the payment amounts of their bills based on their needs. Well-informed sources say that companies make arrangements with installment payments depending on the amount and the consumer profile..
The steps that households or businesses must follow are to update through the website or application (application) their provider for the difficulty of paying their bills. The companies contact them directly and address them with alternative solutions, which are summarized in the "breaking" of the debt in installments. If it is an overdue debt, then consumers are also required to pay a deposit.
Some electricity providers in cooperation with banks inform consumers about the possibility of paying debts by credit card.
Customers can take advantage of interest-free installments and pay their debts more comfortably. It depends, sure, whether they have the credit card of the bank with which the electricity provider cooperates.
3 .Debt settlement
Electricity supply companies and especially the public company have a defined settlement program, which combines the amount of the debt with an advance payment to repay it in installments that reach even 24. So, for debt up 500 The advance payment required is 10% of the debt and its payment is settled in five installments. The same percentage is requested for debts 500 to 1.000 euros and the installments are set at eight. For debts 1.000 to 2.000 advance payment goes up to 15% of debt and installments in twelve. For 2.000 to 3.000 EUR is prepaid 20% of the debt and the installments are increased to eighteen. For debts over 3.000 euro there is the option of prepayment 20% or his 30% and doses are set at 18 and 24, respectively.
4. Longer repayment period for vulnerable households
Suppliers are required to make arrangements for debts of vulnerable households. These are the categories of low-income households or those with disabled people in their homes as well as those with large families.. As reported by the newspaper TA NEA , based on the Electricity Supply Code, providers are obliged to give a longer deadline for payment of bills. And, more specifically, it can not be less than 40 days. Also, the repayment of overdue debts of vulnerable household consumers can be done in installments and without interest., in monthly installments not exceeding 50% of the corresponding monthly expenditure on electricity of the vulnerable household consumer. However, the consumer retains the obligation to repay his debts on time.
The energy crisis and electricity price hikes
The providers, both the public company and the individuals, have ready settlement programs, to offer payment facilities to their customers and above all to avoid further burden on their liquidity. These are programs aimed at customers who find it difficult to pay on time or delay the payment of the debt for the electricity they consumed..
