I’m signed up for a bank draft on my UCEMC account. Why does my bill show a “penalty” amount due if I don’t pay the bill on time?
If your electric bill is automatically drafted from your bank account, the transaction is completed each month on the due date. You will never be charged a penalty. HOWEVER, some UCEMC members utilize other ways to pay, which allow them to schedule their payment on a date they choose. The “penalty” amount on the bill reminds those members that any bill paid past the due date is subject to a late fee or penalty.