Very cold winters and hot, humid summers often lead to high monthly energy use that can wreak havoc on your monthly budget. With our Budget Payment Plan, you can avoid seasonal peaks in your utility bills, by leveling your payments out over the course of the entire year. This plan makes it easier for you to budget and pay your energy bill each month.
How it works
Your initial Budget Payment Plan amount is the average of the previous 12 months of bills at your current address. Your account is reviewed in the fourth and the eighth months of your Budget Payment Plan period. Any necessary adjustments are made at those times to reduce the chance of a large settlement amount of at the end of your Budget Payment Plan year in your settlement month. See an example.
If you used more energy than you paid for, your monthly Budget Payment Plan amount will increase.
If you used less energy than you paid for, your monthly Budget Payment Plan amount will decrease.
You can sign up for the Budget Payment Plan anytime, but we recommend signing up in lower usage months like May, June, September or October. This helps avoid the chance of a larger settlement amount at the end of your Budget Payment Plan.