Bills for electric service will be issued on a monthly basis. The Cooperative uses two billing cycles. Cycle 1 bills are issued on or about the fifteenth of each month, and are considered past due if payment is not received on or before the fifth day of the month following the date of issue. Cycle 2 bills are issued on the next-to-last working day of each month, and are considered past due if payment is not received on or before the twentieth day of the month following the date of issue. If any due date falls on a Saturday, Sunday or holiday, payment will be considered timely if received on or before the next day following the due date that is not a Saturday, Sunday or holiday.
Accounts that become past due are subject to disconnection in accordance with the rules of the Cooperative. The Cooperative may assess a late payment fee of
$10.00 or five percent (5%), whichever is greater, on each delinquent bill.