Levelized Billing helps you know what to expect on your electric bill. If you experience extreme fluctuations due to seasonal usage, Levelized Billing can smooth out those peaks and your bill.
The amount will be approximately the same month after month — even throughout peak cooling and heating periods. It does not reduce your electric bills but will even out your charges and help you manage them.
Calculated based on your 12-month usage average, which always rolls forward and adjusts based on your month-to-month usage, levelized billing helps you avoid high bills due to high seasonal usage.
The purpose of this program is to help make your electric service costs easier to budget because you receive approximately the same monthly bill. This plan is especially valuable for anyone on a budget or limited income.
Members who wish to be enrolled in Levelized Billing must meet the following requirements:
-
Applicants must be members for at least one year at their current address.
-
Program available for residential services only.
-
The current bill must be paid to a zero balance.
-
Monthly payments are required and must be made according to the DEMCO Standard Terms and Conditions for Electric Service. Failure to do so will result in the member's removal from the program.
-
Should the Member terminate service or elect to be removed from the Levelized Billing program, any account balance will be due and payable on the next due date, and/or credit will be due and payable on the next due date.
Go to your MyDEMCO portal to enroll today!
