How Rebate Works

The NEXT Rebate program operates alongside existing electricity systems. Rebates are eligibility based and do not change how electricity is billed or paid.

Step 1

To participate in the electricity rebate program, you submit your latest electricity bill through the application.

This includes proof that you are the bill owner, along with your wallet address.

Step 2

The company reviews your submission and approves or rejects the application based on predefined acceptance criteria.

Once approved, your wallet address is added to the NEXT Rebate system eligibility list.

Step 3

Electricity consumption and billing continue through your existing utility provider as normal.
Rebates are not paid directly to your electricity service provider. Instead, eligible rebates are distributed to your registered wallet.

Step 4

At the end of each month, the NEXT system verifies whether you are holding a minimum of five times the value of your monthly electricity bill in NEXT Tokens.
Example: If your electricity bill is USD 100, you must hold at least USD 500 worth of NEXT Tokens in your wallet.

Step 5

If the minimum holding requirement is met, the system automatically distributes up to 25% of your electricity bill value, given in NEXT Token equivalent to that value, to your registered wallet within 48 hours.
Example: If your electricity bill is USD 100, up to USD 25 worth of NEXT Tokens will be distributed.

Important Note

Rebates are distributed in NEXT Token equivalent to the verified bill value
Rebates are not paid to electricity service providers
The minimum holding requirement is verified monthly
Eligibility pauses automatically if conditions are not met