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What is Annual Update of Bill Deposit (AUBD)? The AUBD program enables us to determine if the bill deposit is enough to cover the customer’s average monthly bills, making adjustments if necessary. The AUBD takes place during the customer’s contract anniversary month.
Annual Update of Bill Deposit. Through our Annual Update of Bill Deposit (AUBD) program, we determine if the bill deposit is enough to cover your average monthly bills, making adjustments if necessary. Also, we credit the accrued interest of your deposit to your bills.
May 28, 2018 · Ang taunang pag-update ng bill deposit ay isinasagawa ng Meralco at iba pang mga kapwa distribyutor nito bilang pagsunod lamang sa batas na ipinatutupad ng ERC. Anumang aksiyon ukol sa usaping ito ay dapat munang idulog sa ERC.
A bill deposit will be required from the following: New customers applying for electric service; Existing customers applying for transfer of service; Existing customers applying for an increase in load/ capacity;
Based on the feedback we've been getting from customers on the Annual Bill Deposit Update, Meralco is studying a revised collection term that will make settlement easier for those with bill deposit insufficiency.
To relocate your meter, remodel your service entrance or increase/decrease your service load, you will need: A Valid Government-Issued ID. A New Electrical Plan. For requests to increase your electric load, a bill deposit may be required.
Should you opt to update how you receive your electric bills, you may request for the updating of your bill delivery option through your Meralco Online Account six months after the effective date of your Paperless Billing subscription.
Home. Meralco Online. Have the power to access your Meralco account wherever, whenever with. MERALCO ONLINE. View and Pay Bills. Access your bill and pay anytime, anywhere. Report an Outage. Inform Meralco when there is an outage in your area, and get updates on the time of restoration. Inquire, Request & Give Feedback.
Need to update your contract or bill details or upgrade your electrical load? You can easily do that via Meralco Online. Please see requirements below depending on the service modification type:
The adjustment mechanism is covered by Meralco’s Annual Update of Bill Deposit (AUBD) program. Lastly, the bill deposit earns an interest of 0.25% as approved by the Energy Regulatory Commission (ERC).
