Reading My Budget Billing Statement

Budget Billing is simple. We calculate your estimated energy cost for the next 12 months based on your energy use from the previous 12 months.Then we divide it into 12 equal payments. Below is a sample of the Budget Billing detail from an actual bill.

Budget Summary Month 11
  Amount Used1 $35.48    
  Budget Amount Billed2 -$35.00    
  Difference3 $.48    
  Previous Budget Balance $20.91    
  New Budget Balance4 $21.39    
Energy Use Comparison Summary for Your Account
  This Year Last Year  
Billing Days 30 31 Previous Balance $35.00
Avg Daily Temp 61 58 Payment 07/28/2001 $35.00CR
Heating Degree Days 186.0 243.0 Beginning Amount $0.00
KWH Used 1145 1028 Budget Amount Billed $35.00
Avg KWH/Day 38.2 33.2 Total Amount Due $35.00
Therms Used 17 45    
Avg Therm/Day 0.6 1.5    

  1. The actual cost of energy you used this month.
  2. The budget amount you are paying this month.
  3. The difference between your actual cost and your budget amount.
  4. Your new budget balance. If the budget balance is above zero, you've used more energy than you've paid for. If the budget balance is below zero and followed by "CR", you have paid for more energy than you have used.

The chart below is an example of actual payment vs. a Budget Billing payment:

Actual Payment vs. Budget Billing Payment