Beginning in June, budget billing will no longer be available through PEPB. We have decided to replace budget billing with the levelized billing process.
Levelized Billing is a payment plan based on a 12-month average of your electric bills. Your bill is based on the monthly average of your bill for the previous 12 months.
Each month the average is calculated. This average is always rounded up to the next whole dollar amount. An adjustment is made to the average bill amount each month to avoid overpayment or underpayment of your account. This plan is an easy way to balance your electric bills. Instead of fluctuating bills, you can expect to pay about the same amount each month.
There will be no charge for using Levelized Billing. This is a service that we will provide to our customers to make it easier to budget their electric bills.
To sign up for this service, you must have a zero account balance. For more information about levelized billing, contact our Customer Service Representatives at 365-2031.
Wednesday, May 28, 2008
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment