Payment Plans
Even Monthly Payment Plans
Utilities may offer even monthly payment plans to help spread out your energy costs across the year. These are also sometimes called budget billing programs. These programs are approved by the Public Service Commission however, you must meet the utility’s rules to join. Some plans are only available to creditworthy customers.
How it works:
-
Annual average usage/12 = monthly payment. The utility estimates your yearly usage and divides it by 12 to set your monthly payment.
-
Example: If your yearly bill is $1,800, your monthly payment would start at $150. This amount is recalculated throughout the year based on your usage, so the amount may change.
Important notes:
* The payment amount is reviewed and adjusted at least twice a year. It can also be changed more often if needed.
* If rates go up, your payment may also increase.
* These plans help with budgeting, but they don’t guarantee affordability.
For customers with retail energy supplier contracts, the utility only provides these plans for the distribution charges on the bill (Potomac Edison and Washington Gas may be exceptions). A retail supplier may offer other plans for its’ own supplier charges.
Learn more about your utility's offerings:
BGE
Choptank
Columbia Gas
Easton Utilities
Delmarva
PEPCO
Potomac Edison
SMECO
Washington Gas