How is it calculated?
We follow a several step process to determine the amount of your payment. First, we summarize your past 12 months of actual billing and divide by 12 to estimate your average monthly electric bills for the upcoming year.
Then, we determine if you have a credit or debit balance owing on your account. If you have a credit balance on your account, the credit is divided by 12 and deducted from that monthly average. If you have an account balance due, it is divided by 12 and added to the new monthly average. |