Budget Billing Helps You Plan the Year
If there is one thing I’ve learned in 2020, it’s the fact that no one can foresee the future. A year ago, who could have imagined the effect COVID-19 would have on our nation and the world? While Peace River Electric can’t help you predict the future, we can help you predict your monthly power bills. How, you may ask? With our Budget Billing program, you can know the amount of your bill even before it prints.
Budget Billing takes the guesswork out of paying your electric bills by providing you with the same monthly bill amount for one year. The monthly budget amount, recalculated annually, is based on the average monthly energy use for your account during the previous 12 months. At the end of the 12-month period, your monthly amount recalculates, and any outstanding debit or credit reflects in your new budget amount.
Keep tabs on your actual use each month by looking at your account online, using our SmartHub mobile app, or reviewing your monthly billing statement. Throughout the year, primarily due to the weather’s effect on your heating and cooling system, your kilowatt-hour use fluctuates. But, even as your energy use rises and falls, you may rest assured that your monthly power bill will not change.
To be eligible for Budget Billing:
- Your account must be current or paid in full
- You must reside at the same service address for 12 continuous months for us to accurately calculate your average monthly use
- You must have a residential account. Solar accounts are not eligible
With Budget Billing, it is important to pay the exact budget amount each month on or before the due date. If the balance remains unpaid, your budget billing plan may be cancelled.
Are you ready to give your household budget a boost by signing up for Budget Billing? Enroll by calling us at 800-282-3824. The program is voluntary, and you can cancel at any time.
We are honored to be your electric service provider in 2021. I wish you a prosperous new year.