Household utility debt drops

Telco

Consumers behind with household bills owe a combined HUF 96.3 bln (€305 mln) to utility companies, as compared to HUF 124 bln a year earlier, Hungarian business daily Világgazdaság reported yesterday.

There are close to 2.3 mln consumers with overdue debts to utility companies, according to development ministry data.

As of June, debts overdue for a maximum of 30 days amounted to HUF 21.6 bln and debts overdue for longer than 361 days came to HUF 43.9 bln. Consumers owe a combined HUF 42.4 bln to gas service providers, HUF 35.3 bln to electricity companies and 18.5 bln to district heating companies.

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