Now there’s a way to guard against large fluctuations in your monthly electric bill…without ever having to play “catch-up”. It’s called Levelized Billing and is designed to keep your electric bills affordable every month as long as you remain on the plan. It’s the ideal way to accurately anticipate your monthly electric bill.
Levelized billing makes your electric bill predictable. Your monthly electric bill is a rolling average of your usage for the past 12 months, plus 1/12 of any difference between levelized bills and actual bills. For instance, this month’s bill would be the average electric usage of the previous 11 months and this current month plus 1/12 of any difference between actual and levelized billing.
Because levelized billing uses a rolling average, your monthly bill will vary slightly each month. But because changes in usage are averaged over a 12 month period, there is never a really big bite in the very cold or the very hot months when usage may be high. The only time you have to reconcile is when you decide to leave SCES or you no longer want to participate.