Budget Payment Plan

The Budget Payment Plan enables you to divide your bill into equal payments. Your payment amount is calculated by averaging the last12 months billing period. To determine the amount of the payment, we total the past 12 months bills and divide by 12 to estimate your average monthly payment. The payment amount is adjusted bi-annually. If a customer has a credit balance on their account, the credit is divided by 12 and deducted from that monthly average. If there is a balance due, it is divided by 12 and added to the new monthly average. To sign up, you must have a zero balance.

For more information, check out our Frequently Asked Questions below or contact our Customer Service Department at 582-2175 in Kennewick or 786-1841 in Prosser.

**Benton PUD customers are responsible for payment of their actual electric usage.  The Budget Payment amount given to customers is only an average and based on their previous consumption.  Weather and changes in consumption habits are factors that may cause Budget Payment amounts to increase or decrease.

Frequently Asked Questions about the Budget Payment Plan
Why did my monthly budget payment amount change?
Budget payment amounts are re-calculated two times per year to ensure the monthly payment amount is at an appropriate level based on your actual bill and to factor in other adjustments such as a rate increase or decrease. 

Why was there a rate increase? How did it impact my bill? As of January 1, 2010, residential rates increased by 4.6% due to an increase in overall wholesale power costs.  The cost per kWh increased from $.0578 to $.0605 and the base charge increased from $8.80 to $9.20. This is the first rate increase since 2003.  The last five rate adjustments have been decreases.

How is my budget payment plan calculated?  Several factors are evaluated during the recalculation process.  First, the bills for the previous 12 months are added together and divided by 12 to establish the average monthly payment.  Second, the balance on the account is factored into the recalculation.  If there is a credit balance on the account, it is evenly deducted by month from the new payment amount.  If there is a debit balance on the account, it is evenly added to the new payment amount. 

 

The final step in the recalculation is an adjustment to the new payment amount to reflect recent rate actions.  This time, the adjustment to the new payment amount includes the 4.6 percent rate increase to Benton PUD electric rates effective January 1, 2010 and the Residential Exchange Rate Credit that ended in May of 2009. 

What is the difference between the “Budget Payment” and the “Account Balance”?  Your monthly bill shows both the account balance and the budget payment amount. Your bill itemizes your actual cost for your usage of kilowatt hours each month and calculates the total balance due.  The budget payment is the calculated average amount due each month based on 12 months usage.  Customers are responsible for payment of all power usage.

Where can I find my account balance on my statement?  Each month, the account balance is provided in the monthly usage information for your address, and is identified as “Account Balance this Service Agreement.”  It is located above the shaded line “Budget Payment Amount Due.”  

What if my account balance (either debit or credit) is growing?   It is the customer’s responsibility to monitor account balances each month and notify Customer Service if the debit or credit balance seems to be getting too large in comparison to the monthly payment.   Payment amounts may need to be adjusted to reflect changes in energy consumption habits.

Can I pay off my balance? Yes.  Please let the Customer Service Representative know that you want to pay your balance and we can re-evaluate your budget payment amount at that time.

What if I move?  If you move within our service area and want to continue on the Budget Payment Plan, you need to request the Budget Payment Plan.  It is highly recommended you reside at the new location for six months before enrolling in the Budget Payment Plan.  If there is a balance due on your prior address, the total will be billed to you. This balance will need to be paid before a new Budget Payment Plan is set up for the new address.  Any credit balances will stay on your account and the Budget Payment Plan can be set up at that time. If you are moving out of our service area, the balance due must be paid. If there is a credit, a refund check will be sent to you.

Can I go off the Budget Payment Plan?  Yes, at any time.  If the Budget Payment Plan is stopped, the balance due must be paid at that time.  If there is a credit, it will be applied to your next bill or bills. To get back on the Budget Payment Plan, any balance due needs to be paid.