Budget Billing Plan
South Central Electric members on the budget billing plan pay for the electricity they consume in equal monthly payments spread out over the year. Once a year the amount you owe will be adjusted to correct for any over or under billing that has happened.
The budget payment plan is especially useful for members with electric heat as their major use of electricity. With electric heat on regular billing, winter bills can be higher than average and summer bills may be quite low. If you have a lot of farm use, your electrical use may be uniform throughout the year and budget billing may not be of much value to you.
If you are on the budget payment plan you must send in monthly meter readings just as you would for regular billing. Payments are also due by the due date. Each month you’ll receive a statement showing your use and the balance left in your account after your last payment.
South Central Electric reserves the right to cancel your budget payment plan for late payments. You will then be put on regular billing and will have to pay monthly payments that vary with your use. We also reserve the right to increase or decrease the monthly payment as needed so it matches your energy use patterns. The customer also has the right to terminate the budget payment plan at any time and maintain a current monthly billing.