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Prior 2003 the BEST Understanding was a case Peter paying for Paul means the Electricity Division was in profit and Transport loss, so profit of Electricity was diverted to Transport so break even. The company downstream started after the inception of Electricity Act 2003, in that act it is stated that the profit of Electricity supply cannot be ...
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
A meter serial number [1] (MSN, or 'meter ID') is an alphanumeric reference used in Great Britain to identify an electricity meter.Although meter serial numbers are intended to be unique, this can not be assured and duplicate serial numbers do exist.
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The Energy Policy Act of 2005 required state electricity regulators to "consider" (but not necessarily implement) rules that mandate public electric utilities make net metering available to their customers upon request. [59] Several legislative bills have been proposed to institute a federal standard limit on net metering.
An invoice, bill, tab, or bill of costs is a commercial document that includes an itemized list of goods or services furnished by a seller to a buyer relating to a sale transaction, that usually specifies the price and terms of sale., quantities, and agreed-upon prices and terms of sale for products or services the seller had provided the buyer.
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A variety of checks against abuse are usually present to prevent embezzlement by accounts payable personnel. Separation of duties is a common control. In countries where cheques payment are common nearly all companies have a junior employee process and print a cheque and a senior employee review and sign the cheque.