Budget Billing

Budget billing can help you manage your energy costs by allowing you to proportion the same amount each month. Monthly utility bills can vary significantly throughout the year due to cold winter and hot, humid summers. With Jo-Carroll Energy's Budget Billing plan you can levelize your payments throughout the year, removing the month-to-month fluctuations caused by changing weather.

Budget billing allows eligible members to pay the same or slightly varied amounts each month so that you know exactly how much your monthly payment will be regardless of the current month's actual usage and charges. Budget billing does not reduce your overall energy expense; it simply allows you to spread out your annual energy expense evenly over a 12-month period.

All residential members of Jo-Carroll Energy who are current with their bills are eligible for budget billing.

Your base budget amount is the average of the previous year's total charges for kWh, customer charge, wholesale power cost adjustment and tax. This total is rounded to the nearest dollar and reflected on your monthly invoice as the "Amount Due". However, if your account has additional charges such as late fees, service charges, NSF fees, underpayment of a previous month's billing, these charges will increase the total amount due for that month. You will need to pay the total amount due printed on the bill.

Budget amounts will be recalculated in May, based on the previous 12 months' actual charges. This recalculation may result in a higher or lower monthly budget amount to be paid.

If an account misses two months of payments during the 12-month period, the member will no longer be eligible for budget billing. A budget billed account may be disconnected for nonpayment.

For additional information or to enroll in Jo-Carroll Energy's Budget Billing program, contact our Billing Services Department at 800-858-5522.

Budget Plan
 

 

 
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Jo-Carroll Energy
P0 Box 390
793 US Route 20 West
Elizabeth, IL 61028-0390
800.858.5522

Jo-Carroll Energy reserves the right to change any and all information displayed at the discretion of the company. Prices and Policies are
subject to change without notice. All information displayed is the sole property of Jo-Carroll Energy. Missuse of property could result in legal action.
©2009 Jo-Carroll Energy