Levelized Billing: Budget-Friendly Energy Payments
Managing your energy costs doesn’t have to be stressful. With Levelized Billing, you can enjoy consistent monthly payments and avoid unexpected spikes during extreme weather months. Take control of your budget and gain peace of mind with this flexible payment solution.
Enroll in Levelized BillingWhat is Levelized Billing?
Levelized Billing calculates your monthly energy payment as a rolling average of your usage over the past 12 months. This means your bill stays relatively steady, even when seasonal energy demands fluctuate. No more surprises when temperatures soar in the summer or drop in the winter!
How is Levelized Billing Different from Budget Billing?
While both Levelized Billing and Budget Billing help make energy costs more predictable, they work differently:
- Levelized Billing adjusts your payment monthly based on a rolling average of the past 12 months of usage. This ensures that your bill reflects your actual energy consumption trends while avoiding significant spikes.
- Budget Billing sets a fixed monthly amount based on estimated annual energy costs. This amount is reviewed periodically and adjusted if necessary, often resulting in larger adjustments at the end of the year.
With Levelized Billing, your payment stays closely tied to your usage trends, offering a more accurate and dynamic approach compared to Budget Billing.
Benefits of Levelized Billing
- Predictable Payments: Say goodbye to seasonal surprises and plan your budget with confidence.
- Stress-Free Budgeting: Enjoy consistent payments that make it easier to manage your household finances.
- Flexibility: Easily adjust your plan as your energy needs evolve.
Eligibility
Levelized Billing is available to all member-owners who meet the following criteria:
- You have at least 12 months of billing history.
- Your account is up to date with no past-due balances.
How It Works
- We calculate your monthly payment based on a rolling average of your energy usage over the past year.
- Each month, your bill adjusts slightly to reflect your most recent energy usage.
- You enjoy predictable payments, even during the hottest and coldest months of the year.
FAQs
Your monthly payment will adjust gradually to reflect changes in your usage, ensuring fairness and accuracy.
Yes, you can opt out at any time if you decide Levelized Billing isn’t right for you.
While it doesn’t reduce your total energy costs, it helps you manage expenses by spreading costs evenly throughout the year.
Ready to Enroll?
Enrolling in Levelized Billing is easy!
- Sign Up Online: Log into your member portal to complete your enrollment form.
- Call Us: Contact our office at (252) 209-2236 for assistance.
Take the stress out of energy billing with Levelized Billing. Enroll today and enjoy consistent payments year-round!