Additional Security Deposit (ASD) is a refundable deposit that BESCOM collects from its consumers to ensure their timely payment of electricity bills. This is a common security measure charged to mitigate the risks associated with non-payments or delayed payments from the consumers.
The consumers who receive an electricity bill from the Bangalore Electricity Supply Company (BESCOM) might have noticed Additional Security Deposit (ASD) charges on their electricity bills.
Understanding the ASD charges, why it is being charged, how does it impact your electricity bills, and how to reduce it becomes extremely important for managing your energy costs.
The following are complete details about ASD in the Bangalore electricity bills.
BESCOM calculates ASD on your average electricity consumption over a specific period. The organisation collects the ASD to ensure that it has a reserve payment equal to at least two months of any consumer’s electricity usage.
ASD = Average Monthly Bill x 2 months' consumption
For Example, if your average monthly electricity bill amounts to Rs.3,000, then your ASD is calculated as:
ASD = 3,000 x 2 = 6,000
The primary reason for BESCOM to charge ASD is to ensure the timely payment of electricity bills from all its consumers. The other potential reasons include:
The following are steps to follow to pay ASD online:
The following are steps to be followed to pay ASD offline:
The ASD is not a recurring monthly charge but a one-time deposit or a periodic adjustment. However, if any consumer fails to pay ASD, the BESCOM can act against the consumer such as:
The following are a few suggestions on how to reduce ASD charges:
Additional Security Deposit (ASD) is a refundable deposit that Bangalore Electricity Supply Company (BESCOM) charges its consumers to ensure the timely payment of electricity bills.
No, ASD is not a recurring monthly charge but a one-time deposit or a periodic adjustment.
The ASD is calculated as your average electricity consumption over a specific period multiplied by two.
ASD = Average Monthly Bill x 2 Months’ Consumption.
Yes, you can pay ASD charges online by logging into the BESCOM official website or through BESCOM app.
If you terminate your BESCOM electricity connection, the ASD amount will be refunded. However, the amount will be refunded only if there are no pending dues.
You can reduce your ASD charges by lowering your average electricity consumption, paying the electricity bills on time or by shifting to solar power systems.
If you fail to pay your ASD charges, BESCOM can issue a notice as a reminder, they can also add additional penalties to your electricity bills or in extreme cases, discontinue the electricity service.
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