Your initial monthly budget payment will be the total of the previous 12 monthly bills at your current residence plus your current account balance divided by 12. On your Budget Billing anniversary date, your payment will be entirely recalculated by adding the total of the previous 12 months' actual bills at your current residence to your current account balance and dividing by 12.
Budget plan increases:
We review the last 12 months of history, project out for weather (degree days and precipitation) and also any known or anticipated rate increases for gas, water and sewer. We are a billing agent for several different cities and take into account their sewer rates for the budget plan. Currently, budget plan increases are primarily due to sewer rate increases.