Submitted by myrichiehaynes t3_106sl79 in pittsburgh
Warm_Big4271 t1_j3ilynn wrote
What’s a budget plan??
woodcuttersDaughter t1_j3iq2i4 wrote
You pay the same amount 12 months a year. The extra you pay in the summer offsets the higher prices you would otherwise incur in the winter. You might be paying $120 in July when it would otherwise be $20, but you’re still paying $120 in January when it would otherwise be $400.
skfoto t1_j3ipmqx wrote
They take your estimated usage based on the previous year history for the property and divide it by 12, and that’s what you pay every month. At the end of the year billing cycle you pay the difference if the usage was more than expected, and they give you a credit if it was less.
Example: your most expensive month of the year is $250 and your cheapest is $20, but the total for the whole year altogether is $1200. You just pay them $100 a month regardless of how much you actually used that month.
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