products_levelizedbilling

With Levelized Billing, you will have a good idea what your electric bill will be each month. It will be approximately the same amount each month even through the hottest cooling and coldest heating times of the year. This plan does not reduce your yearly total electric costs, but will smooth out your bill payments and can help you manage your monthly finances.

With our Levelized Billing Plan, your electric bill is calculated by adding your current actual electric bill to your previous 11 months total and dividing by 12. The purpose is to help make your electric service costs easier to budget because you receive approximately the same size bill each month. This plan is especially valuable for anyone on a budget or
limited income.

There is no charge for using the Levelized Billing Plan. Your account must be paid up to begin this plan. This is a service that we provide to our members to make it easier to
budget their electric bills. Enjoy the peace of mind that comes from planning ahead.

For more information about the plan call 1-800-468-2176 or email us.

To apply online, fill in the form below and click submit. To apply by mail or email, click the “Levelized Billing Form” button below this form.

Levelized Billing Plan Form - Online Application

  • This Levelized Billing Plan is being offered to members of Arkansas Valley Electric Cooperative presently being billed under Residential Classification for the specific purpose of assisting the member with averaging monthly payments.
  • Terms and Conditions

  • (1) Levelized Billing Plan is available to all qualifying residential customers. The bill rendered to the customer shall be an average of the past twelve (12) months actual billing or the actual number of months billed if less than twelve. If no months billing history is available, the first billing will be based an estimated usage for the customer at that location. (2) The "Levelized Billing Plan" is available only for permanent residential consumers that have not had more than one (1) late payment or check returned for insufficient funds in the preceding twelve (12) months. (3) If a member on levelized billing becomes delinquent or enters into a delayed payment plan, they will be removed from the levelized billing plan. (4) Levelized Billing statements will indicate rate, the actual current month bill, state and local taxes, and the levelized payment amount to be paid. (5) The consumer's monthly bill be computed in accordance with the applicable rate schedule(s) and the consumer's account debited with such amount. The net amount payable for the current month will be equal, to the nearest whole dollar, the average monthly amount debited (billed) during the twelve (12) months ending with the current month, plus or minus one-twelfth (1/12) of the accumulated difference between previous debits and the amounts payable under this rider. (6) Billing under this rider may be terminated by either party at any time by giving reasonable notice to the other and shall be automatically terminated upon execution of a delayed payment agreement or upon discontinuance of service for any reason. In the event billing under this rider is terminated for any reason other than execution of a delayed payment agreement, then the accumulated balance of the consumers account attributable to this levelized billing plan shall be settled within thirty (30) days.
 

Verification

 

LEVELIZED-BILLING_Form

Download, print, and complete the application and email or mail to:

Arkansas Valley Electric Cooperative
Attn:  Levelized Billing
P.O. Box 47
Ozark, AR 72949