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What is the levelized payment plan?

levelized payment Plan
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What is the levelized payment plan?

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The levelized payment plan is a program that averages your consumption for the previous 12 months and calculates your current bill based on that average. This levelizes your monthly payments throughout the year and reduces the higher bills during the winter months.

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A. Tampa Electric wants to help business customers plan their monthly budget by spreading the cost of electricity over the entire year. Use the online form to sign up for the levelized payment plan, which allows you to pay about the same amount for your energy use every month. To qualify, the rate schedule indicated on your electric bill must be GS200.

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