Many of us know exactly how much money to budget each month for car payments, mortgage payments and even insurance payment. The financial challenge many members face each month is not knowing how much to budget for their electric bills, especially when the weather fluctuates so often in Texas.
For TVEC members there is an easy solution: levelized billing. Members can take the guesswork out of how much to budget for their electric bill each month by signing up for this simple and easy billing plan.
Participating members will have the last 12 months of their electric bills averaged. That average number will become their monthly payment. For instance, your current bill will be averaged using the previous 11 months bills in addition to the current month's billing. Keep in mind the amount due may fluctuate depending on your kWh usage. It’s that simple.
The levelized billing plan is available for residential members of TVEC who meet the following requirements.
- Must be a member for at least twelve months
- Must have a zero balance
- Must have a good payment history
If a levelized billing plan sounds like a option that would benefit you and your budgeting needs, or if you have any questions, please contact us at 1-800-766-9576.