5 for 5 Campaign

Vladimir Bojičić
Suzana Radulović

Starting from 1st of June, Elektroprivreda Crne Gore will launch “5 for 5” campaign thus enabling customers from the category of other consumption (all corporate entities – private and public companies and institutions) to settle their electricity debt in the next five years, in 60 instalments. In order to be able to sign the protocol on debt settlement under privileged conditions, the customers are required to settle the last five invoices.

“After the successful campaign “Podijelimo teret” (Share the Burden) designed for households, Elektroprivreda Crne Gore has decided to enable all corporate entities to settle their debt under privileged conditions, whereby disburdening their operations in terms of electricity debts. This category counts cca. 34,626 customers whose debt, excluding the last invoice, totals to €51 million”, says Vladimir Bojičić, executive officer of FU Supply.

''Campaign "5 for 5" is quality solution which will help disburden debts of corporate entities for consumed electricity and it will maintain their business sustainability. We believe that the companies will recognize offered benefits, use them, and with that get alongside those who regularly pay their obligations'', emphasized Suzana Radulović, secretary general of the Montenegrin Employers Federation.

The campaign commences on 1st of June while conditions for conclusion of the protocols have been divided into two groups, for customers who apply for conclusion of the protocol until 10th of June, and those who opt for it after the stated date.

Customers who apply for the contract signing until 10th of June, will be obliged to have settled invoices for January, February, March and April as at the date of entering into protocol, while they will be required to pay the May invoice until 30th of June. Customers who apply for the contract signing in the period between 10th and 30th of June, will be obliged to have settled invoices for January, February, March, April and May as at the date of entering into protocol. Furthermore, customers may settle the difference if they paid partially some bills, with an obligation to pay May bill by June 30th. If, between January 1st until the date of signing the debt payment protocol customers already settled bills related to the period from January to April, they can immediately sign the electricity debt payment protocol, with an obligation to pay May bill by June 30th.

Following payment of last five bills, the rest of debt is divided into five years, or 60 monthly instalments. Default interest has stopped to be charged from the date of the protocol signature, and enforcement of the collection based on court settlement is postponed.

Customers who want to sign the electricity debt payment protocol during June 10th - 30th have to have paid bills for January, February, March, April and May. Customers who already signed standard debt payment protocol which they settle on a regular basis may also use this campaign in a manner that they terminate the previous protocol and sign the new one under favourable terms. Also, customers who are disconnected may sign the debt payment protocol, given that they are required to settle the last 5 bills with an obligation to pay connection fee and court expenses if relevant Motion for filing a lawsuit has been filed.

In order for the electricity debt settlement protocol to remain in force, ongoing bills and payment protocol-related instalments have to be paid on a regular basis.