Hey there, I saw that my electricity bill in January had a section of DPS charges. I wasn’t aware of the meaning of this charge, so I looked up what is DPS in electricity bill. Let me share all the details I found out about the same.
What is DPS Full Form in Electricity Bill?
The full form of DPS charges in an electricity bill is Delayed Payment Surcharges. You might have guessed the meaning of DPS charges from its full form, but I would like to tell you that this charge is imposed when you miss the due date for making your electricity bill payment.
The due date is the last day on which you need to make the payment for the electricity bill for the month. When you fail to do so, the electricity board levies a DPS charge.
However, the DPS charges can vary based on certain things. Let me tell you about those, too.
What does DPS Charge in Electricity Bill Depend On?
- The electricity board:
The DPS charges can depend on the electricity boards and the norms set by them.
- Electricity Bill Amount:
The bill amount of your electricity bill also impacts the DPS charge. The greater the bill, the greater would be the DPS based on the fixed percentage of the DPS rate.
- Billing Cycle:
The DPS charge also varies based on the billing cycle. For example, the DPS is levied at 2 percent by Jaipur DISCOM in the case of monthly billed consumers. However, for consumers billed bi-monthly, the DPS is levied at 4 percent.
This is all about what is DPS charges in electricity bills. I hope this helps.
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What is DPS Charges in Electricity Bill?
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2024-03-13T18:13:26+00:00 2024-03-13T18:13:27+00:00Comment
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