How is Balanced Billing calculated?
Balance Billing is our average or levelized billing plan for residential customers whose accounts are current. We simply add your previous 11 months natural gas consumption to that of your current billing period, multiply times the appropriate rate and divide by 12. This procedure is sometimes called a “running average.” With Balanced Billing, wide swings in your monthly energy bills are held to a minimum allowing you to more effectively budget your monthly bills. For more information regarding Great Plains’ Balanced Billing program or to sign up for the plan, see the Balanced Billing section.
