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Most folks would agree that it’s easier to budget for something when you know what to expect. However, electric bills, due to the heating and cooling of homes, are prone to fluctuation and consequently are somewhat unpredictable.
Well, if that fluctuation is something you could do without, New-Mac offers a payment option which evens out the peaks and valleys of energy use. Through a process called Levelized Billing, each month your bill is based on an average of your electric bills over the previous 12 months.
Levelized Billing consists of 11 equal payments and one adjustment payment per year. Since household usage typically varies from year to year (due to weather, improvements, additions, etc.), the twelfth payment is used to make up the difference between the estimated and actual usage.
Most residential members with a good credit history are eligible for this program. Participants also must have at least 12 months of billing history at the location to be put on Levelized Billing.
If you would like to take advantage of Levelized Billing, fill out the form found at the link below and mail it or bring it in to either New-Mac office.
LEVELIZED BILLING AGREEMENT FORM
Mail completed forms to:
New-Mac Electric Cooperative
Attn: Billing
P.O. Box 310
Neosho, MO 64850
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