Apr 1, 2024
If your electric cooperative told you that you could pay one set amount for your electric bill each month, would you believe them? Well, Prince George Electric Cooperative offers members that option with its budget billing program – and this is no April Fools' joke!
Budget Billing is PGEC’s free, convenient budgeting tool to help you avoid seasonal swings in your monthly bill. Under this plan, you pay the same bill amount each month, making it easy for you to cover your bill on a budget over a 12-month period. In some months, that payment may be more than what your actual bill is and in other months it may be less than what your actual bill is.
For example: Let’s say that your budget amount is $150 per month and your March bill is $165. You still will only pay $150. If your April bill is $130, you still pay $150. After 12 months, the actual amount you have been billed and the budget billing amount you’ve paid should be very close and balance out.
The monthly budget billing amount is reviewed and adjusted if needed twice in 12 months to keep you as close as possible to your actual billed amounts. The plan runs from May 2024 to April 2025 when the billed-versus-paid amounts are settled.
Qualifications for the Budget Billing Plan include:
Must have had service with PGEC for at least 12 months.
Account must be in good standing and have a zero balance at the time the plan begins; and,
Payments must be made on time each month to participate.
Please note that this program is offered to residential accounts only and does not apply to final bills when your account is closed.