I learned about what is ACD ADJ in KSEB bill just last year. ACD ADJ stands for Additional Cash Deposit Adjustment. As per KSEB or Kerala Electricity Supply Code 2014, it is required to keep a fixed amount as the security deposit from all consumers.
What is ACD or ADJ in KSEB Bill?
ACD or ADJ is the amount paid by all customers as a security deposit. This is the basic meaning of what is ACD in KSEB bill. To calculate this, you will have to find the average power consumption for the financial year immediately preceding the first quarter.
Here are some more points to it:
Customers who get a bill every two months are required to keep a security deposit of 3 month’s average usage bill.
Customers who receive a bill every month are required to pay a bill amount that is equal to 2 months’ average usage bill.
If a consumer’s current security deposit is less than the amount calculated, the lesser amount gets recorded separately on the bill and labelled as ACD ADJ. If the average usage decreases, the excess deposit amount gets deducted from the bill and refunded. Do know that the bank pays interest on the security deposit every year.
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Hey Mainak. Let me help you out by shaing what ACD ADJ in KSEB bill means. The full form of ACD ADJ is Additional Cash Deposit Adjustment. As per the regulations, KSEB is required to keep a fixed amount from each and every customer as a security deposit. You can understand this as the same as a security deposit is taken by a landlord when a tenant rents their home.
ACD ADJ in KSEB Bill
The concept of the ACD ADJ is to protect from losses when consumers fail to pay the bill on time or not at all. The amount that will be taken from a customer as ACD ADJ is dependent on two things. First is whether their billing cycle is monthly or every two months. The second is the average bill they are charged for the financial year immediately preceding the first quarter.So, say you are a customer who is billed every month. You will then have to give an ACD ADJ equal to 2 months’ average usage bill. Similarly, if I get billed once every 2 months, I have to give ACD ADJ an equivalent of 3 months’ average usage bill.
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What is ACD ADJ in KSEB Bill?
Mainak
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2024-03-15T08:24:20+00:00 2025-09-16T13:39:10+00:00Comment
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