Budget Billing Program Sample Clauses

Budget Billing Program. This budget billing option is available to residential electric utility customers. Participation maybe denied/discontinued if the customer has had a disconnect of electrical service for non‐payment within the last year. Utility customers may apply for the Budget Billing Program anytime throughout the year; however customers are strongly encouraged to apply in March. The program is designed to help customers develop a credit balance on their account to help cover the higher usage during the colder winter months. This program is intended to allow customers to pay the same amount each month of the year. This monthly amount will be billed each and every month regardless of any overpayment or credit on the account. Customers who sign up for the Budget Billing Program in October through March, will pay their monthly budget payment, plus an additional 20%, to compensate for higher starting bills. The budget payments are recalculated in May of each year. The payment amount is calculated based on an average of the actual electrical consumption for the immediate past twelve month period. To become eligible, your account must be paid in full (no balance owed). In the event that the residential customer does not have a twelve month history at a particular location, the previous tenant’s 12 month history will be used to determine what the current customer will pay each month. In the event that the home is newly constructed, void of a 12 month history, the District shall apply a 12 month history from a similarly situated home as determined by the District until the newly constructed home develops a 12 month history. If the customer fails to keep agreed upon payments twice in a 12 month period while on the budget billing program, they may be notified that they are no longer allowed to participate in the program for one year from the month of notification and bring your entire account(s) current as defined under District policy and state law.
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Related to Budget Billing Program

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