'Share the burden' campaign yields excellent results

The campaign has started on September 1, since when even 11,216 households signed protocols for repayment of electricity-related debt under highly favourable conditions. The 'Share the Burden' campaign provides for households that owe electricity-related debt to repay it in fixed monthly instalments of €20 each, over the period of 25 months, without calculating default interest and without resorting to the methods of forced collection, as long as the customer complies with the electricity-related debt repayment protocol.

6,678 households have joined the campaign during September, whereof 1,916 customers extended their electricity-related debt repayment protocol signed during the first part of the campaign (September of 2013). Since the beginning of October the campaign has been joined by 4,538 households in total, and 916 customers have renewed their electricity-related debt repayment protocol signed in October of 2013.  

During September, the largest number of protocols was signed in Podgorica (2,486 customers), in Nikšić (1,176 customers) and Bijelo Polje (552 customers).

The campaign lasts until October 31 and it may be joined by customers who owe electricity-related debt, irrespective of their debt amount, providing they have settled electricity bill for June, July and August, i.e. the September bill by the end of October.

Households whose electricity-related debt repayment protocols, signed in October of 2013, is expiring, can also join the campaign by the end of October, as part of the first segment of the 'Share the Burden' campaign, thus continuing to repay the remaining debt portion under the same conditions. More than four thousand customers have electricity-related debt repayment protocol currently in force which expire at the end of October, based on which they have not succeeded to repay the debt in its entirety.  

In case the customer has made certain payments in June, July, August or September they should, when signing the electricity-related debt repayment protocol, pay the difference between the amount billed and payed for June, July and August. The number of instalments is calculated by dividing the amount of debt with €20 (e.g. €320 debt shall be repaid in 16 fixed monthly instalments of €20 each). In the event the amount of debt is higher than €500, the electricity-related debt repayment protocol shall be signed in 25 monthly instalments of €20 per each instalment.   

Debt repayment starts once the first bill which has been received upon the protocol signature has been settled. If the customer has signed the electricity-related debt repayment protocol in October, they will have to pay the September bill by the end of October, and the first instalment of €20 and the October bill to be settled by the end of November.  

Customers that are repaying electricity-related debt under the standard electricity-related debt repayment protocol may reschedule it and join the 'Share the Burden' campaign. The campaign can also be joined by customers disconnected from the network, with an obligation to pay the €10 connection fee.