Budget Billing
Minnesotans endure unpredictable weather patterns that can cause sharp peaks and valleys in their energy requirements at certain times of the year. Budget billing takes the seasonal peaks and valleys out of your electric bill because it allows you to pay a set amount on your electric bill each month, taking the surprise out of monthly energy bills.
This program allows members to pay a set amount each month based on an average of the previous year's usage. With Budget Billing, you will be billed a set amount for 11 months (billing cycles) with the 12th month designated as a reconciliation month. If, on the 12th month, you have a credit (you used less energy than you paid for), it will be applied to your statement. If you used more electricity than projected by your set amount, your 12th month will reflect a charge for the additional balance due.
