What is a Proration?
- Proration occurs when service begins or ends during the middle of a billing cycle.
- Services are pro-rated based on the activation date or disconnect date, meaning the charges are calculated on a cost per day.
- Customers only pay for days that the service was active for the billing cycle.
- The billing cycle for Apeiron is the first day of the month to the last day of the month.
What is a Monthly Recurring Charge?
- Monthly Recurring Charge, or also known as “MRC”, is the monthly fixed charge for services that is not dependent on usage and billed in advance.
- The pre-payment of the MRC is billed for the next month’s cycle.
- If the service is disconnected, then a pro-rated credit of any unused days will be generated on the final invoice.
What is a Non-Recurring Charge?
- A non-recurring charge, or also known as “NRC”, is a one-time charge such as an equipment purchase.
What is a Usage Overage Charge?
- The account will be charged overage only if the allotted data amount has been exceeded.
- Usage overage is only charged if applicable.