economy

tariff definition

A fee It is the amount of money that a consumer pays for the use of a service. Generally, we use the concept to refer to the price we pay for public services such as water, electricity, or gas, although, it should be noted that the word is also usually applied to other services, especially those associated with transportation, as is the case of buses, taxis, airplanes, among others.

In the case of the aforementioned public services, the payment of the rates must be made in a timely manner, that is, once the corresponding invoice arrives through which the rate is charged, it must be paid in the times that it is stipulated. . They usually propose a first maturity and a second maturity, which is usually a week after the first, and in which a difference in interest is charged.

If the user does not pay in the established time, the service may be cut off. Depending on the company that manages the service, the cut may be immediately after not having paid according to the second due date or at the latest after the month.

Regarding the establishment of the value that is paid for that service that is used, it may be established by the company that manages it or by the state if the management falls to it, and in some other cases there may be legislation that determines the prices of the rates and then the increases, for example, will be governed solely by this and there will not be a unilateral business or state decision that will promptly dispose of it.

Meanwhile, when the operation of a service is in charge of a private company, it is usual for the state to intervene with regard to the establishment of a ceiling rate, thus controlling that the company does not arbitrarily establish excess increases.

In some countries it is common for there to be strong controversies and controversies around the provision of some basic services companies such as those indicated for electricity, water and gas and that they have to do with an inefficient provision. The lack of investment and maintenance are usually the usual complaints from consumers, who many times turn out to be the hostages of companies to which the state has granted exploitation and do not end up complying with it in a compliant way.

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