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Your rebate can be provided like a credit in your next water bill or even the payment might be asked for by electronic funds transfer by filling out the appropriate particulars around the claim form. These obligations might take 10-12 days to process. You have to advise your water supplier how you want to get your rebate payment.

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Is rebate amount is equaled to the rebate fraction?

No, the rebate amount is not necessarily equal to the rebate fraction. The rebate amount is typically calculated by applying the rebate fraction (a percentage or proportion) to a specific base value, such as a purchase price or total cost. Therefore, while the rebate fraction determines how much of the base value is returned, the actual rebate amount depends on the value it is applied to.