The ups and downs of your monthly electric bill generally follow the seasonal highs and lows of our summer and winter temperatures. But an unexpectedly high bill can make it tough to manage a household budget
Levelized billing can help. This specialized program will clip the peaks and fill in the valleys for you, ensuring you have a predictable electricity bill each month.
To arrive at your personalized levelized amount, the program adds your current month’s use to your previous 11 months, then divides the total by 12. Your levelized average amount is adjusted slightly each month to reflect your actual kilowatt-hour (kwh) use.
You won’t need to worry about having to “settle up” at year’s end because the program keeps recalculating your levelized bill amount going forward. Reconciliation of your account will be necessary only if you move or stop participating in the program.
