Budget billing will average your electric payment for the next 12 months, based on your previous 12 months usage. Assuming your usage remains consistent with the previous years, your electric bill will be the same until your review month. That month will be catch-up month where the amount due is the actual balance remaining or no payment will be due if there is a credit balance. The credit balance can be carried forward to the next year.
Your account must meet the requirements below before we put you on a budget billing plan. Call Lisa or Chrissy in the Billing Department at 309.647.2700 to set up your account.
Budget Billing Payment Plan Requirements:
- Your account must have a twelve (12) month history.
- Your account must be in good standing for a twelve (12 month) period.
- No insufficient fund checks in that period.
- No more than one (1) late payment in that period.
You will be allowed one (1) late payment per twelve (12) month period. If you are late a second time in this period, your account will be dropped automatically from the budget billing plan. If your account is dropped from the budget billing plan, you will be required to catch up all monies due and owing within ten (10) days of notification or risk disconnection.