According to shandong business, default payments for daily consumption, such as electricity, telecommunications and so forth, are now due for water. Yesterday, journalists learned from the water group that the water group would introduce a system of “failure payments” for household water bills, which would be increased by 1 per cent per day from the overdue date on the basis of the amount due。
The shandong water company's default system is a hegemonic system, which is the twenty-first century. It also builds a society's bargain by looking at the default money for electricity, the default money for telephone calls from the telecom office, their consumption without default money, their eyes are red, and they say they're going to make more money。
The bank's daily interest rate on loans now stands at only two-hundredths per day, at 7. 65 per cent per annum. The shandong water group has a very good appetite. They give a default rate of one per cent per day, an annual rate of 37. 783, which is 50 times the daily rate of the bank and 492. 93 times the annual rate。
Moreover, they saw that the electricity bill had been delayed, the telephone bill had been delayed, and they were well known to the teachers. They had set a much lower rate than the shandong water company. They had less appetite than you. They had a legal basis for withholding money, and they relied on it. How can you, shandong water group, collect the default money? And it's up to 1 per cent of the daily fee for water!
As early as 2005, the office of the ministry of construction issued its “consolidated office letter no. 120”, a letter from the ministry of construction on issues relating to the cost of running water and the delay in payment of dues for water, stating: “in accordance with the requirements of the executive branch, the national commission for development and reform and the ministry of construction amended the relevant provisions of the measures for managing the price of water for cities promulgated by the former national planning commission, the ministry of construction, to eliminate the requirement of `not paying the fee for water for 15 days on a single day', for which the amount due for water shall be increased by 5 per cent per day”
Until such time as there is no explicit state provision for the elimination of the water bill, only 5 per cent of the bill has been applied, and four years have passed since the state abolished the bill. The shandong water company has had a red eye attack and is required to collect 1 per cent of the daily default money. The general office of the ministry of state construction has established that municipal water supply enterprises may, in the course of their implementation, measure overdue default payments against the criteria established by the people's bank of china for the collection of interest due from financial institutions。
The interest rate on bank loans is only two tens of thousands per day, and the shandong water group is one per cent per day, and the interest rate is repeated, with the annual interest rate of 37. 783 per year, i. E., it would be more appropriate for the shandong water group to become a loan shark if it were to pay $10 in arrears and $10 in less than a year。
Unlike others, the piped water industry is a social good, and how can it be used as a monopoly to collect default money that is fundamentally unfounded and priced? The public good involves a large number of people, and all public goods are subject to a hearing procedure. How does the shandong water corporation determine the amount of default at this price? The use of its monopoly, the imposition of hegemony clauses and the imposition of high defaults on consumers are a serious violation of consumer rights and are also unreasonable and illegal。
