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How are water bills calculated?

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How are water bills calculated?
How are water bills calculated?

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Water is one of the primary necessities of life and essential for survival. Every household needs a steady water supply for drinking, cooking, cleaning, and much more. Moreover, a vast population depends on supply water from corporations entrusted with sourcing and distributing potable water besides disposal through sewers.

Accordingly, you must pay for the services, and what better than an online water bill payment to ensure uninterrupted supply? However, you have multiple options to pay the water bills. But have you ever wondered about their components and how to calculate them? So, read on to understand the process with clarity.

Understanding the components of the water bill

Water is a life-sustaining utility without which your life comes to a halt. Ensuring timely water bill payment is your civic responsibility to prevent suspension of the supply and imposition of late fees. So, let us learn about the generation of water bills before clearing it at your convenient digital platform.

Several factors come into play while generating your water bill, and the principle is uniform across every Indian “Jal Board” or Corporation catering to the civic amenity. Accordingly, there are two consumer classes – Domestic and Industrial/ Commercial. And the calculating factors are:

  1. Monthly consumption in Kilolitres
  2. Charge rate
  3. Volumetric charge per Kilolitre

The sewer maintenance charge is 60% of the volumetric charge rate and applies uniformly to both classes. However, there is an easy way to calculate the water bill using the calculator for an estimate with the variables, units consumed, and the number of days.

Online water bill payment

The ongoing pandemic has boosted digital payments manifold, and the penetration of smart devices with internet connectivity is the catalyst driving the ecosystem. While online water bill payment at the website is an option, the mobile smart device takes the cake for convenience and its omnipresence. All you need is the Android or IoS app of several “Fintech” payment solution providers operating in the Indian financial sector.

For example, BWSSB online payment is no longer a chore anymore. It is the same for all other water supply entities, where you can clear the water bill in a few taps through the mobile app’s online wallet. Moreover, the app appreciates your safety and privacy concerns and protects your sensitive information using multiple security layers.

Benefits of online water bill payment:

With Banks and “Fintech companies” joining the digital payments bandwagon providing an interface on your Smartphone with multiple functionalities, you can recharge and pay bills quickly. Moreover, the mobile app payment platform covers such comprehensive operations as paying EMIs, insurance premiums, shopping, and the all-important recharge and bill payments. So, let us find out how you benefit.

1. Anytime and Anywhere:

Unlike water bill payment at the website, the mobile app is handy with easy access to multiple payment platforms within your palm, anywhere and anytime. Apart from saving your time and effort for physical bill payments at the utility office, the mobile app facilitates hassle-free financial transactions.

2. Improved Security:

Safety of funds and critical information has always been among digital payment’s primary consumer concerns. However, banks and other digital payment platforms ensure secure and trusted transactions. Accordingly, all transfers through SSL (Secure Socket Layers) make your transactions safe and timely. In addition, two-factor authentication is the norm using the OTP. The recent tokenization technology has further bolstered the security of transactions and stored data.

3. Payment Tracker:

The “track your transaction” feature in the payment platform helps you keep a tag on your transaction history. However, different mobile apps denote the facility with other names while providing similar and uniform information. In addition, you can also download previous invoices. For example, you can download transaction details if you have missed the past BWSSB online payment acknowledgment.

4. Offers and Reward Coupons:

Every mobile app offers exciting discounts and offers for transacting on their payment platform. Some are card specific, and some are app specific. Whatever the source, you save money on your transactions. For example, your water bill payment can fetch you cash through coupons or promotional deals.

5. Improved Credit Score:

The most significant benefit you tend to ignore while making timely online water bill payments is enhancing your credit score. The credit score determines your creditworthiness, and all financial institutions rely on them for sanctioning loans. So, you must pay regular online bills on time, as paying bills without default boosts your credit score.

6. Peace of Mind:

One of the critical advantages of online water bill payment is insulating you from needless troubles. For example, timely BWSSB online payment prevents suspension of your water connection or the levy of penalty. In addition, today, you can pay your utility bills without missing due dates using UPI, Credit and Debit Cards, Net Banking, and several other evolving options. Thus, you can avoid a financial mess and mental stress, besides enjoying peace of mind.

Conclusion:

Today life is fast-paced, and there is no scope for wasting time and effort on paying essential utility bills physically. On the contrary, your choice is eclectic, with the rapid popularity of digital payment platforms invading the Indian financial horizon. The most convenient among them is the mobile app payment platform offering multiple financial functionalities. For example, explore the MobiKwik app’s online water bill payment and reap the benefits. Not only are your transactions secure, but you can also save money with exciting discounts and cash-back coupons.

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