If you’d like to know the amount of your bill each month for budgeting purposes, consider signing up for our Budget Payment Plan. Say goodbye to the seasonal ups and downs of your utility bill and enjoy the benefit of knowing what to expect when your bill arrives … and being able to plan your family finances with a little more certainty.
When you sign up for the Budget Payment Plan, an estimate of your usage is calculated based on current energy costs and your actual usage from the previous 12 months. The total of that estimate is then averaged to arrive at your initial Budget Payment Plan amount. During the 12-month period you are on the plan, your actual usage compared to the estimate will be reviewed – first at four months and then again at eight months. Any necessary adjustments will be made at the time of those reviews and you’ll be notified if your amount changes by a message on the back of your bill the month before the new amount goes into effect.
At the end of your 12-month period, your total actual energy usage will be compared to your total payments. If you used less energy than estimated, you’ll get a credit. If you used more, then you will owe the difference.
If you’re interested in the Budget Payment Plan, sign in to your online account (or easily create one) at my.lge-ku.com or call us to find out what your initial monthly amount would be before making a final decision.
Visit lge-ku.com/budget to learn more.
