This FREE program allows members to pay the same amount on their electric bill each month for 11 months (July-May). The 12th month (June) is a settlement month. The budgeted amount is based on the previous 12-month history of usage. In the end, members will never pay for more electricity than they actually use.
Members can contact WREA via phone or by emailing email@example.com to request a budget billing estimate or sign up at any point. Mid-year participants will have a prorated budget payment based upon the electricity used during the same months, for the year prior.
Each July a new budget billing cycle starts, and existing participants will be contacted with a new budget amount for the year.
Combined with Autopay, budget billing can be a convenient way for members to keep track of expenses; almost effortlessly.