Common use of shorten Your Billing Cycle Clause in Contracts

shorten Your Billing Cycle. The interest rate charged on outstanding amounts will be the standard rate We publish for customers paying the Contract Price You pay. We can change the standard rate and if We do, We will publish the changes. If You do not pay the total amount payable for any bill after We send a Disconnection Warning to You, then We can refer Your debt to a debt collection agency for collection and if We do so, You must pay any costs that We incur in connection with the recovery of the unpaid bill (including the agency’s Fees and any legal Fees). If You pay a bill and the payment is dishonoured or reversed and, as a result, We incur costs or have to pay Fees to any other person, You must reimburse Us for those costs and Fees. Unless You direct Us otherwise, We will apply Your payment to the amount due for Your electricity use before applying it to other items.