We're all looking forward to our lovely (low) Spring bills. Spring and Fall are lovely in Memphis, often allowing us to get by without using heating or air conditioning--our two largest utility costs.
Did you know MLGW's Smart Pay program can average out your bill so that you pay the same amount every month? The amount you pay is based on your utility history for the past twelve months. (It is readjusted every year in March.)
At the end of twelve months, if you've done your best to conserve or if we've had better weather or if the rates are lowered, then you will have a lower monthly payment for the next year. (And vice versa. If you use more energy or if the weather is worse or if there is a rate increase, you may pay more the next year.)
Some people really like knowing ahead of time what their utility payment will be. It makes sense, especially if on a budget.
When you get your bill it looks pretty much the same. You still see what your actual usage is, and you can see whether you have a credit or a debit in your Smart Pay coffer. (You build it up in the Spring and Fall so that you have extra in the Summer and Winter when bills are higher.)
It's hard to think about paying more than you have to some months, so instead focus on paying less during those other months!
If you'd like to find out more or sign up for Smart Pay, click here.
Photo: Christine Glade/iStockPhoto
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