227,556 subscribers benefit from government relief measures to forgive interest rates for electricity consumers. Of these beneficiaries, 205,228 are family and 22,340 business customers.

227,556 subscribers benefit from government relief measures to forgive interest rates for electricity consumers. Of these beneficiaries, 205,228 are family and 22,340 business customers. The total amount of interest payable amounts to ALL 15.8 billion or over USD 135 million.

OSHEE announces that the beneficiaries are divided into two categories, with 90 thousand 194 subscribers in the first category, 88 thousand 518 of which are family members and the rest are business entities that currently have an agreement with OSHEE for installment payment. accumulated debts, in addition to paying the monthly invoice. These customers will benefit from a reduced monthly interest rate. “Family clients who are currently paying according to their respective agreements monthly installments of 2500, 2800 or 4200 ALL / month will benefit from interest forgiveness by paying already reduced installments at the value of 2000 ALL / month,” the OSHEE statement reads.

While families in need, pensioners and the unemployed who are currently paying by installment agreements pay 1200 or 1800 lek per month, but with this decision will pay only 1000 lek per month.

The second category is those debtors who have not signed an agreement signed with OSHEE to settle the obligation. This category includes 137,374 subscribers, which will pay you interest on the delay created until December 31, 2019.

To qualify for this interest payment within 30 June 2020 (if there are no further reductions in turnover hours), they must enter into an agreement with the company and agree to pay only the accumulated principal in installments until end of 2019. The total expected amount to be paid for this category of customers amounts to over USD 89 million.

OSHEE COMPLETE NOTICE

FORGIVENESS FORGIVENESS, OSHEE EXPLAINS SCHEMES THAT CAN BE BENEFITED

As part of a government-drafted plan to mitigate the adverse effect created by COVID-19’s medical emergency response, the Electricity Distribution Operator has implemented relief packages for debtor customers.

Mitigation measures include accumulated old debts and do not involve subscribers having to pay their regular monthly energy bill which remains the same.

On the other hand, 227,568 subscribers benefit from the decision on forgiveness of interest rates, of which 205,228 are family and 22,340 business customers. The total amount of interest payable amounts to ALL 15.8 billion or over USD 135 million.

Based on the Decision of the Council of Ministers, Universal Service Provider (FSHU JSC), part of OSHEE Group, clarifies the media and public opinion on the following:

1. Payment of monthly invoice

Every electricity consumer, family or business, has to pay their monthly consumption bill regularly and within the deadline. This is the only way the Electricity Distribution Operator can guarantee the sustainability and continuity of power supply.

OSHEE staff at Customer Care Centers work shifts, daily from 06:00 to 13:00, except Sunday.

To avoid frequent queues and contacts, any subscriber can use alternative channels to pay their monthly energy bill: Albanian Post Offices; commercial banks; money transfer points and wherever located logo OSHEE – Here the electricity bill is paid. Subscribers can also access the online spaces through the official OSHEE website, the government portal E-Albania and Banking Mobile applications.

2. Interest Pardon Scheme for Debt Subscribers

Universal Service Provider, part of OSHEE Group, has designed specific packages through which debit subscribers will be able to benefit from late payment interest.

a) The first category of beneficiaries

There are 90,194 subscribers, of which 88,518 are family members and the rest are business entities, who currently have an agreement with OSHEE to settle the accumulated debt installments, in addition to paying the monthly bill.

For these subscribers, OSHEE has decided to fully deduct the amount of interest created by December 31, 2019. The total amount awarded for this category amounts to $ 46 million. The bulk of this amount, about $ 41 million, is benefited by family subscribers, with the remainder being registered business customers.

The category of families in need, pensioners and unemployed who are currently paying according to their respective agreements installments of 1200 or 1800 ALL / month will benefit from interest forgiveness by paying already reduced installments at the value of 1000 ALL / month.

Business subscribers who pay interest on the arrears created until December 31, 2019 will now pay the monthly installments of the principal value on their own.

The deadline for pardon interest and rescheduling of this category of subscribers is April 30, 2020.

b) The second category of beneficiaries

According to the system data, there are 137,374 thousand debtor subscribers (family and business) who do not have a signed agreement with the company to settle the liability.

These subscribers will also be offered the opportunity to be the beneficiary of the interest waiver created by December 31, 2019.

To qualify for this interest payment within 30 June 2020 (if there are no further reductions in turnover hours), they must enter into an agreement with the company and agree to pay only the accumulated principal in installments until end of 2019. The total expected amount to be paid for this category of customers amounts to over USD 89 million.