What should I know about electricity department 'Additional Security Deposit' (ASD) charges?
Receiving a notice for an increased Additional Security Deposit (ASD) can be surprising, but it is typically a standard administrative adjustment. These deposits are usually calculated based on the average of your electricity consumption over a specific period, often two months. If your recent utility bills have been higher than your historical average, the electricity provider adjusts the deposit to reflect the current usage patterns.
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