How It Works:
- Based on the past year's electricity usage, we estimate how much
electricity you will use in the coming year, and divide that amount into
equal monthly
payments.
- As you make those payments, you build up a credit during the
summer months. That credit is used during the winter months when electricity usage is
usually higher.
- We continue to read your meter monthly, and your bill will still
show how much electricity you actually used, and the status of your Level Pay account.
- Level Pay accounts are reviewed quarterly. If your usage has
changed considerably from the predicted amount, we'll adjust your monthly payment. Some
other things that can affect Level Pay amounts are purchases of power protection equipment
and installation of Sentry Lighting equipment.
- Your Level Pay amount is adjusted each year in July. Your new
amount is based on the previous year's average usage, plus or minus one-twelfth (1/12) of
any balance remaining on your account.
Eligibility requirements:
- There must be a 12-month billing history at your service location.
- You must be a Residential Customer in our Rate 100.
(Sorry, no estimated-read or self-read accounts are eligible.)
- You must have the approval of the local PUD office.
- Once you're on the Level Pay Program, it's not necessary to
re-apply each year. You'll automatically be kept in the program unless you request
otherwise. (However, if payments are not kept current, you may be removed from the
program.)
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If your actual billing
amounts stay within projected guidelines, your Level Pay Amount will remain the same.
If your actual billing amounts are too far
from our quarterly projections, due to usage changes, rate changes, etc., your Level Pay
Amount will be adjusted accordingly.
(Accounts are
reviewed in the bold-faced months of July, October, January and April.) |
