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is budget billing worth it

Since the beginning of the year I’ve overpaid $101.00. I’m fine with budget billing. This site uses Akismet to reduce spam. What is this. You kind of need to track and watch the little statement as it comes in to make sure that the budget billing is working and that you’re not getting really deep in the hole accidentally because you don’t want to come up with an extra big bill at exactly the wrong month, which is your “make good” month. How do I get on budget billing and it it done only for low income people? 1011 Reams Fleming Blvd Franklin, TN 37064. You should be aware, though, that your budget amount is reviewed every three months and may go up or down based on your actual energy use. We're PPL Electric Utilities, and we look forward to sharing stories, pictures and video about our work in the community - both to provide reliable electric service and to support the places where we live and work. Your budget amount is reviewed every three months, and may go up or down based on the difference between your actual usage and the amount you’ve paid. Here’s a question about budget billing, one of the billing options we provide for customers’ convenience. Answer a few questions, and we'll create a plan tailored just for you. Full terms are visible once you log in. Then they raise it just a little bit, and it evens out your budget. We review budget billing accounts every three months to reduce the impact of those changes as much as possible. All rights reserved. As part of our ongoing You Ask, We Answer campaign, we’re answering questions we frequently receive from customers. Then they raise it just a little bit, and it evens out your budget. Get personalized money advice from a professional Dave trusts in your local area. So the bill amount you’re assigned when you first sign up won’t stay exactly the same forever: It will change based on your actual usage. level 1. Welcome to PPL Stories. A lot of people do that—especially when they first start their budgets and they don’t have any wiggle room—because it’s a predictable environment. ), This isn’t true. Welcome to PPL Stories. Since we published that comment, we’ve redesigned our website. We only Jason: If your friend hasn’t called us, please have them call PPL at 1-800-342-5775 (assuming they are a PPL customer; if they are enrolled in budget billing with another utility, they should contact their utility.) If I’m over paying while on the budget billing, do I get the overdue amount credited back to me or what. (If your usage doesn’t change drastically, your bill amount shouldn’t, either. It’s predictable, but then once a year, there’s a “make good.” So if you paid in too much, you kind of get a little break that next month and start again, or if you’ve not paid in enough, you’re going to have to come up with some money. Jefferson: The budget settles every 12 months, so if you still had a credit balance at that time, it would be applied to your bill. Ashley wonders about Dave's thoughts on budget billing. We are happy to explain the charges on your bill. QUESTION: Ashley on Twitter wonders about Dave’s thoughts on budget billing. Nothing wrong with it at all. © 2020 PPL Electric Utilities Corporation. It does go up and down … I have chosen a different supplier, does the amount shown as what your budget billing would be include both the “distribution charges” and the “generation and transmission fees,” (i.e. Britt: Yes, you will be told the monthly amount before you sign up. We also pay interest on that money held. You do understand that what it is—it’s an average of the light bill for the last 12 months. I’m happy when I see the bill lower every month. ©2020 Lampo Licensing, LLC. how does this happen. Major changes in energy use at your home – such as the installation of a new appliance, or another person moving in or out — will eventually be reflected in your budget amount.

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