Date: 2010-05-08 10:43 pm (UTC)
2 possibilities- the good one would be that the old meter was faulty, and overcharged you. The bad one, which is unfortunately more likely, is that they did a final check on the old meter reading vs. the "estimated" readings they have been charging you, perhaps for years. And the actual reading was much higher than what you would get if you added all the estimated readings up. Therefore, a huge hit at the end.

Some slightly better news - you can sometimes pay it off over time (although I think you pay some interest), and the new meter will never do this because they read it from the outside.
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