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HomeStatesPunjabPunjab CM Bhagwant Mann offers one time settlement scheme for power bill...

Punjab CM Bhagwant Mann offers one time settlement scheme for power bill defaulters

Bhagwant Mann: In a major relief to power consumers in Punjab, the state government has announced a one-time settlement (OTS) scheme. The OTS is available to power consumers who have defaulted on their bill payments. And also those whose power connections were disconnected because of financial constraints.

Announcing the scheme on Friday, Chief Minister Bhagwant Mann said that the scheme will be available for three months for all categories of consumers, especially the industry.

Golden opportunity for power consumers

He said the government was giving a golden opportunity to such consumers whose power connections were cut or not restored because of their financial constraints.

Under the OTS, consumers have the option of paying the amount in four instalments over one year.

Presently, the defaulters have to make late payments of the pending amount with 18 per cent interest. However, as per the OTS, the interest rate has been slashed to 9 per cent.

Further, instead of paying fixed charges for the entire period between cutting off the connection and its restoration, the consumers will not have to pay such charges if the period is less than six months.

However, if this period is more than six months, then fixed charges of only six months will have to be paid, as per the scheme.

No fixed charges

The Chief Minister said that no fixed charges will be charged if the period of connection addition from the date of disconnection is six months or less. If the period of reconnecting the power connection from the date of disconnection is six months or more, then the fixed charges will be charged only for six months.

He said it was a landmark initiative aimed at giving a major relief to the people. Bhagwant Mann asked the people to take full advantage of the scheme introduced in larger public interest.

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