Iowa Code (Last Updated: December 05, 2016) |
Title XI. NATURAL RESOURCES |
Chapter 476. PUBLIC UTILITY REGULATION |
Section 476.54. Delayed payment charges.
Latest version.
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A public utility shall not apply delayed payment charges on a customer’s account if the scheduled payment was made by the customer within twenty days from the date the billing was sent to the customer. Delayed payment charges on a customer’s account shall not exceed one and one-half percent per month of the past-due amount.