Keep your bill consistent and budget your monthly payments by evening out seasonal billing highs and lows.
Your energy usage varies throughout the year, creating bills that can be higher or lower than you expected. Keeping your monthly billing amount consistent can help you budget and keep your account current. It’s not a discount plan—you’re responsible for the energy you use—but it can be a good tool to stay on track.
- We’ll establish your Monthly Budget Billing Amount, which is the average of your bills and account balance for the last 12 months. This is what you will owe each month. Sometimes you’ll use less electricity than this amount, and sometimes you’ll use more.
- Pay your Monthly Budget Billing Amount, but monitor the Actual Account Balance on your bill. It will grow if your usage increases, which can result from things like extreme temperatures or adding a big screen TV.
Keep an eye on the Monthly Budget Billing Amount
and Actual Account Balance
throughout the year.
- Some months you’ll use less electricity than your Budget Billing Amount due; other months, you’ll use more.
- If your Actual Account Balance is often greater than the Budget Billing Amount, think of your Budget Billing Amount like the minimum due on a credit card, and pay more when you can.
- A positive Actual Account Balance represents the amount of electricity you have actually used in the current and previous months but have not yet paid for.
- Over the 12-month period, your Actual Account Balance should work its way down to $0. If it doesn’t, it’s a sign your Budget Billing Amount needs to be increased.
Every year, we’ll recalculate your Monthly Budget Billing Amount to be sure it reflects your account balance, historical usage habits and any rate increases. So based on how you used electricity in the past year, the amount could go up or down.
To enroll, call us at 888-471-5275888-471-5275
. You must have 12 months of billing history at your own address. That’s to ensure the budget amount is accurate and to help avoid large balances from accumulating.