BALANCE YOUR BILLS
Predictable payments make budgeting easy! Avoid seasonal fluctuations in your electric bill by signing up for budget billing, the payment plan that helps you balance your monthly payments.
HOW IT WORKS
You simply pay a set amount each month. Stearns Electric determines this amount based on your previous 12 months usage history, anticipated energy costs and other factors. Budget Billing does not reduce your overall energy expense – it simply lets you spread out your expense so you’ll be able to manage your household budget a little easier.
BUDGET YEAR END BALANCE
Each June, your bill will display your actual account balance, this may be higher or lower than your budget amount depending on your actual usage for the year. In July, a new budget amount is calculated for the next 12 months.
To qualify for budget billing you need to have been a member for one year in your current residence, have a good payment history, and your account must be paid in full. Members that have two consecutive late payments are subject to removal from Budget Billing.
To enroll in the Budget Billing Program, please fill out and submit the form below or contact the Stearns Electric Billing Department at (800) 962-0655.