OTS in an electricity bill stands for One Time Settlement. This is a scheme that allows consumers to clear pending dues and pay the outstanding amount in one go. It is often with waived penalties or reduced interest. I am from UP, and our energy minister, AK Sharma, has recently introduced this to recover long-pending bills while giving relief to defaulters. Let me tell you more about what is OTS in electricity bill.
What is the OTS Scheme for Electricity Bill?
The OTS scheme for electricity bills allows consumers to clear outstanding dues in a single payment. It often comes with waived penalties or at least reduced interest. As I am from UP, I can share with you the details about the OTS scheme in our state:
Consumers must register and pay a deposit of 30% of the principal amount of their electricity bills.
Debate was provided on the surcharge of the electricity bill till 30th September 2024.
Consumers can pay their dues in instalments or in lump sum
Maximum discount on surcharge on outstanding dues could be availed till 31st December 2024.
This is all I know about the OTS scheme in UP. This OTS scheme might differ from one state to another, so you better clarify the details with an official.
Make Hassle-Free Electricity Bill Payment Online via NoBroker and Earn Unlimited CashbackRead More:
How to pay electricity bill online?
What is OTS in Electricity Bill?
Sneha
49 Views
1
2 months
2025-03-05T09:58:22+00:00 2025-03-05T09:58:23+00:00Comment
Share