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Anyone recommend levelized billing with Entergy?

Posted on 6/8/16 at 2:29 pm
Posted by dualed
Member since Sep 2010
4689 posts
Posted on 6/8/16 at 2:29 pm
Setting up service for my house I just bought. I have the option to do levelized billing which I've never heard of. The description reads as:

quote:

Levelized Billing allows customers to pay approximately the same amount for electric service every month. For example, they pay a lower amount than their actual bill amount during the high-bill summer months, but are required to make it up with higher payments during the low-bill winter months. This creates manageable bills regardless of temperature, volatility of our fuel cost, and usage. Under this program, bills are essentially an average of the customer’s monthly utility costs over a 12-month period. Bills will vary slightly each month. The benefit of Levelized Billing is that fluctuations in bill amounts are averaged out over the year.


In my head I'm thinking this will be good for budgeting, but maybe I'm naive. What do ya'll think?
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120172 posts
Posted on 6/8/16 at 2:29 pm to
Thats no fun.

I like seeing how low my bill can go in the winter
Posted by TigerPox
Member since Oct 2010
33333 posts
Posted on 6/8/16 at 2:30 pm to
I don't trust that shite. I know people who do it but I want to pay for what I use for that month not some 'average' that was set out from the people before me using electricity at the same address.
Posted by LSUBoo
Knoxville, TN
Member since Mar 2006
101915 posts
Posted on 6/8/16 at 2:30 pm to
quote:

In my head I'm thinking this will be good for budgeting, but maybe I'm naive. What do ya'll think?


I think it's a good way for them to always round up and squeeze a few more dollars out of you over the long haul.
Posted by dualed
Member since Sep 2010
4689 posts
Posted on 6/8/16 at 2:31 pm to
Heard enough, I'm doing it the old fashioned way
Posted by TigerPox
Member since Oct 2010
33333 posts
Posted on 6/8/16 at 2:32 pm to
Also, after you get the account setup, click on the 'am I eligible for level billing' and it will tell you what the monthly estimate will be.

I agree with, Boo, I think it's another way for Entergy to cheat us.
Posted by Polar Pop
Member since Feb 2012
10748 posts
Posted on 6/8/16 at 2:33 pm to
I trust that shite as much as electronic roulette.
Posted by Ed Osteen
Member since Oct 2007
57446 posts
Posted on 6/8/16 at 2:34 pm to
I would be very skeptical especially of whatever amount they said it was prior to me knowing how my house heats/cools. It seems like a good idea during the summer in NOLA when my AC is running all day but depends on how much they want for the winter months when I make up for high summer bills
Posted by Bmath
LA
Member since Aug 2010
18664 posts
Posted on 6/8/16 at 2:36 pm to
My bills were ridiculous in the summer, so levelized billing made budgeting much easier.
Posted by Drop4Loss
Birds Eye Of Deaf Valley
Member since Oct 2007
3850 posts
Posted on 6/8/16 at 2:36 pm to
frickem bad

I still have a hurricane katrina adjustment on my bill.................
Posted by bigrob385series
B. Aura
Member since May 2014
2634 posts
Posted on 6/8/16 at 2:37 pm to
quote:

In my head I'm thinking this will be good for budgeting,
exactly...you know roughly what your bill will be each and every month.i say you are thinking ahead by doing this.
Posted by dualed
Member since Sep 2010
4689 posts
Posted on 6/8/16 at 2:40 pm to
I went the regular route and then clicked on the "Am I eligible for levelized billing?" option and it said:

quote:

Under this plan, the electric and/or gas portion of your bill will be approximately $123.00 per month plus non-metered amounts and taxes.


Doesn't seem bad at all. I'm budgeting for $175 in the dark for electricity a month. That may be way high but getting out $50 under that would be nice. I'll wait and see how my bill fluctuates first before deciding anything.
Posted by TigerPox
Member since Oct 2010
33333 posts
Posted on 6/8/16 at 2:42 pm to
quote:

Doesn't seem bad at all. I'm budgeting for $175 in the dark for electricity a month. That may be way high but getting out $50 under that would be nice. I'll wait and see how my bill fluctuates first before deciding anything.
I'm doing the same thing. I live in an apartment with all energy efficient appliances and stuff. It says my level billing would be approximately $43 plus taxes. I could take the easy route and just do the level billing but I want to see what I actually use for electricity and it's not going to break the bank obviously.

ETA: I didn't have the non-metered amounts comment in mine. it just said "plus taxes"
This post was edited on 6/8/16 at 2:44 pm
Posted by Festus
With Skillet
Member since Nov 2009
84986 posts
Posted on 6/8/16 at 2:44 pm to
I do it. I had a huge swing from winter to summer, so did levelized so that monthly budget stayed consistent.

I mean, if Entergy is going to cheat you, they can just as easily pad your numbers every month and overcharge, as they can with levelized billing. It doesn't somehow open the door for them cheating. It's already open, lol.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 6/8/16 at 2:44 pm to
I've been doing levelized billing for 5 years and it's awesome. It helps our budget much better in the heat of the summer.
Posted by Ed Osteen
Member since Oct 2007
57446 posts
Posted on 6/8/16 at 2:45 pm to
My level billing says it would be 89.00 which is pretty damn cheap, unfortunately I move at the end of this month. I was also gone for most of the last three months so my bill was next to nothing, I'm guessing this is an average of the last 12 months so would it levelize upward?
Posted by nicholastiger
Member since Jan 2004
42367 posts
Posted on 6/8/16 at 2:46 pm to
We do it.
It's better than the culture shock you get when it warms up from May through October
Posted by TigerPox
Member since Oct 2010
33333 posts
Posted on 6/8/16 at 2:48 pm to
No clue. I have a small one bedroom (like 720 sq ft) condo and I'm constantly cold so it's not like the A/C has to work that much.

ETA: I just moved in May 1st so it must be averaging out the last person's Entergy Bill for the last 12 months.
This post was edited on 6/8/16 at 2:49 pm
Posted by Birdie225
Bottom of the map
Member since Mar 2007
2073 posts
Posted on 6/8/16 at 2:49 pm to
I've always had it at my current house.I know my bill every month and when running the a/c 24/7 in summer months it is awesome. It drops some in the winter and what I'm not using in the winter is being more than maxed out in the summer.

I've done both ways in the past and must say I love the average billing method.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13847 posts
Posted on 6/8/16 at 2:53 pm to
I guess it would make sense for budgeting purposes if your bill is varying to the tune of several hundred dollars depending on time of year. Otherwise it doesn't really matter. Doesn't cost anything..
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