|
How the program works:
- Your monthly Budget Billing amount will be based on the average of your actual bills during the last 12 months (including local taxes, franchise fees, private area lighting, and energy management credits).* This amount will be the same for at least three months.
- We continue to read your meter each month. Your monthly bill shows exactly how much energy you use, the actual bill amount, and the deferred balance on your account.
- The difference between your actual bill and your Budget Billing amount each month will be shown as a deferred balance. This may be a credit or a debit.
- Every three months, your Budget Billing amount will be recalculated to reflect the average of your last 12 months' actual bills and your deferred balance.
*Note: If you have not established 12 months' usage, the consumption history of the previous occupant will be considered to determine the average bill amount. For homes without a consumption history (new construction), the area average will be used.
|