(A) All bills for electrical energy shall be due and payable, and in any event shall be paid on or before the tenth day of the month in which the same becomes due. If the bill shall not be paid on or before the tenth day of the month in which the same becomes due then and in that event a penalty of 6% shall be added to the total amount then due and payable, and the City Clerk and Collector is authorized and directed to collect the 3% penalty in addition to the total amount then due and payable.
(B) Any delinquent customer, however, shall have the right to liquidate old accounts standing against the customer at the time of the taking effect of this chapter by payment of 20% of such old accounts each month at the time the current bill is paid; any customer or user of such electrical energy who fails to pay at least 20% of the old account each month after the taking effect of this chapter shall be adjudged delinquent and so certified, as aforesaid.
(1977 Code, § 3-15-11(part)) (Am. Ord. 2012-02, passed 3-26-2012)
Penalty, see § 10.99