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CORS-070-12 Epost - Electronic billing option for - Town of Milton

CORS-070-12 Epost - Electronic billing option for - Town of Milton

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Billing Cost Element Paper Bill E-Bill Cost Difference<br />

Printing, Envelope & Mailing Costs $0.14 N/A $0.14<br />

Insert Costs<br />

Decrease Bill Production Costs<br />

The <strong>billing</strong> cost savings to the Local Distribution Companies (LDC) associated with<br />

an e-bill compared to a physical bill is approximately $0.36 per bill, reflecting a<br />

greater than 50 % reduction in unit <strong>billing</strong> costs.<br />

$0.06<br />

(avg.)<br />

N/A $0.06<br />

Postage Costs $0.61 N/A $0.61<br />

Transactional cost N/A $0.40 $(0.40)<br />

TOTAL cost per bill $0.81 $0.40 $0.41<br />

Source: “E-Billing ad<strong>option</strong>: Overcoming barriers and maximizing ROI<br />

A comprehensive study <strong>of</strong> e-<strong>billing</strong> ad<strong>option</strong> within the utility sector” p.6<br />

August 2009, Prepared by Price Waterhouse Coopers

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