The Budget Plan
If your monthly bill averages less than $4,000, the Budget Plan provides a convenient way to pay your gas bill every month. It's also a great payment option for customers who like to plan ahead.
Go to My Account to get started.
How it Works
We calculate your monthly payment by estimating your gas use and gas prices for the next year. We also take into account your current balance. This total is then divided by 12 to arrive at your monthly Budget Plan payment.
Most Budget Plan customers receive two monthly bills in one envelope every other month.
During the summer months, your Budget Plan payment will be higher than your actual bill. Paying this higher amount allows you to build up a credit balance, which is then used to offset higher winter bills. Any time you have a credit balance, you will receive interest or earned credit based on the average rate of 13-week U.S. Treasury bills.
On the other hand, there may be months when your account balance is higher than the payments you've made. In those instances, a finance charge will be applied to your account based on the average rate of 13-week U.S. Treasury bills. You can avoid these finance charges by paying the full amount of your bill.
Reevaluating Your Budget Plan Payment
Every four months, we will reevaluate your Budget Plan payment. We do this to determine if your payment amount is in line with your actual usage and future gas costs. If an adjustment is needed (either up or down), it is automatically made and will appear on your next bill statement. Every 12 months, you can settle any remaining balance. If your balance is less than $77, it will be carried forward to next year's Budget Plan payments. If you have a credit balance, it will be carried forward to next year to reduce your payments.
The Budget Plan can also help you establish a good credit rating. Simply stay current on your natural gas bills. (It is the company's policy to report payment history to a credit bureau).
Go to My Account to get started.
Return to Bill Payment Information.
|
