What is Levelized Billing?
Levelized billing is a rolling average of your most recent 12 months’ bills and varies by only a few dollars each month. It differs from Budget Billing, which used the same payment amount each month based on your last 12 bills. Once a year, a settle up amount had to be calculated to factor in weather fluctuations and other changes. Levelized billing eliminates the settle up month because it is a constant rolling average of your electric bill. The chart below is based on Jackson Energy’s KWH charge of .08563 per kilowatt hour and a $9.50 per month customer charge. Month KWH KWH Regular Reading Billing Billing 06/07 1700 1700 $155.07 07/07 1680 1680 153.36 08/07 1820 1820 165.35 09/07 1840 1840 167.06 10/07 1240 1240 115.68 11/07 1700 1700 155.07 12/07 3180 3180 281.80 01/08 2880 2880 256.11 02/08 2800 2800 249.26 03/08 2480 2480 221.86 04/08 1840 1840 183.59 05/08 1300 1300 184.01 KWH KWH USED 24,460 BILLED 24,460 $2,288.22 (Member converts to Levelized Billing program) Month KWH KWH 12
