What are the benefits of budget billing?
Budget billing gives you more certainty about what your electric or natural gas bill will be from month to month. Instead of paying high bills in the winter and low bills in the summer, you pay about the same amount all year-round. How is the budget billing amount calculated? Your utility company estimates the budget payment based on your home’s previous 12 months usage. Your budget payment is reviewed every 3 to 4 months and the payment is calculated to reflect any changes in use. At the end of the 12-month budget period, your account is reviewed and adjusted for actual energy used during that time period. How do I sign up for budget billing? Budget billing is available to all residential electric and natural-gas customers. Contact your utility company and ask about its budget-billing payment plan.
