Levelized Billing

Click to sign up!

It's a predictable cycle. Each year, electric customers experience "sticker shock" as temperatures dip in the winter and more electricity is used to heat their homes. In the summer, the same shock occurs as warmer temperatures require air conditioning units to use more electricity.

As a result many Volunteer Energy Cooperative customers see electric bills spike in winter and again in the summer due almost exclusively to increased usage brought on by temperature fluctuations. VEC has a program that will keep electric bills more consistent from month to month: Levelized Billing.

Levelized Billing is an option that calculates an average cost based on a 12-month moving average of electric usage. As the name implies, the goal of levelized billing is to make customer bills more LEVEL.

Levelized Billing smoothes out most of the fluctuation in the amount a customer pays, and is available to VEC customers with previous usage history and good payment history.

To make the Levelized Billing option work, customers should pay the exact amount due by the due date. For that reason, Levelized Billing fits nicely with VEC's Bank Draft payment option.