Bank Of Baku

Bill collection rate for electricity reaches 81% in Azerbaijan

Bill collection rate for electricity reaches 81% in Azerbaijan
# 27 November 2008 13:24 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azerbaijan has achieved 81% bill collection rate for electricity in October, said AzerEnerji local utility company.
The company said low collection rates by some consumption groups didn’t allow reaching 100%.
Collection rate for population reached 65%, up 17% on the same month last year.
In total 373 million kilowatts of electricity was consumed during October.
If Azersu, the state water company, (22.3%) and the State Committee for Refugees and IDPs (58%) completely had paid off their electricity bills, the countrywide collection rate would have been 95%.
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