Budget Billing
What Is Budget Billing? With FPU Budget Billing, you can stabilize your monthly energy costs and pay the same amount each month.
How Budget Billing is Calculated
- The budget amounts will only be calculated on your energy charges. The non-regulated charges or fixed charges will be in addition to your budget amount. Fixed charges are reoccurring fees and include warranty programs and light pole charges.
- Your monthly total will include your budget amount plus any non-energy charges. For example, if your budget amount is $50 and your HomeServe or warranty plan is $5.95, your total billed amount, less any taxes, would be $55.95.
- The average total will be increased to account for energy cost inflation.
- The only time your monthly amount may differ is if you received service work during the previous billing cycle or specific circumstances cause your amount to be rebudgeted.
Reviews of Customer Accounts
- On a semi-annual basis, FPU will review your Budget Billing account to ensure that monthly budget payments are not drastically over or understated
- If you have a 10% variance of your current budgeted amount, your account will be recalculated and the revised Budget Billing amount will be assessed
- On an annual basis, FPU will evaluate accounts on Budget Billing. Customers will NOT have to reconcile the difference between the actual accounts and the amount paid through Budget Billing
- Any differences will be rolled into the next year’s recalculated monthly billing amount in the form of either a debit or a credit
Enrollment Details
- Residential customers need to establish year-round service with FPU for at least 12 months—with a zero balance—to enroll.
- This program is only available to residential customers, who can enroll at any time after the initial 12 months of service.
- New Budget Billing accounts will become effective on the first of the month following enrollment.
- If you are not satisfied with Budget Billing, you can discontinue the service at any time. (FPU recommends that you stay in the program for at least 12 months to understand the true benefit of Budget Billing throughout the seasons.)
- Any Budget Billing account that becomes subject to collection action will be automatically removed from the program.
"*" indicates required fields
"*" indicates required fields