| Budget Billing
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| If you've lived in your current home for at least 12 months and have a favorable credit rating, you may qualify for Budget Levelized Billing. It allows you to pay about the same amount each month - making it easier to manage your energy budget. So smooth out the budget bumps of high summer and winter electric use by signing up now. Contact us for more information at (903) 455-1715 or use the on-line form below. |  |
| Our system recalculates your average payment quarterly with the October, December, March, and June bills. Your budget amount is calculated using your most recent 12 month average, the current rate at time of recalculation and the outstanding balance forward. Each year, settle up occurs in September. When your September bill processes, the entire balance on your account will be due instead of the average scheduled payment. The purpose of recalculation is to allow for wholesale price changes affecting your price per kWh during the year and usage changes. Most customers do not experience a large balance forward but it does happen occasionally. Your bill will always reflect the current amount of electricity used and a credit balance or balance forward from previous bills. By carefully watching the balance forward, you can monitor how well the program is working for you. | |
Contact Us about Budget Billing |
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