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Cleco- Levelized Bill Plan
Posted on 11/13/15 at 1:52 pm
Posted on 11/13/15 at 1:52 pm
Does anyone have Cleco power and use their LBP? Have you had any issues with it not being exactly what it says it will do?
**Levelized billing is a payment plan based on a 12-month average of your electric utility bills. Your bill is based on the monthly average of your bills for the previous 12 months.
Each month the average is calculated. This average is always rounded to the next whole dollar amount. An adjustment is made to the average bill amount each month to avoid overpayment or underpayment on your account. The plan is an easy way to balance your electric bills. Instead of fluctuating bills, you can expect to pay about the same bill each month.
**Levelized billing is a payment plan based on a 12-month average of your electric utility bills. Your bill is based on the monthly average of your bills for the previous 12 months.
Each month the average is calculated. This average is always rounded to the next whole dollar amount. An adjustment is made to the average bill amount each month to avoid overpayment or underpayment on your account. The plan is an easy way to balance your electric bills. Instead of fluctuating bills, you can expect to pay about the same bill each month.
5
Posted on 11/13/15 at 1:58 pm to slapahoe
That sounds like a great way to completely screw over the customer.
Posted on 11/13/15 at 2:02 pm to bbvdd
Yeah, my power company offers levelizing and I don't use it. I pay for what I use, not what they "estimate " I'm going to use. Summer time bills really aren't that bad and fall and spring bills are half as much.
Posted on 11/13/15 at 2:07 pm to slapahoe
Trusting utility companies is how people get screwed over.
Posted on 11/13/15 at 2:28 pm to slapahoe
Entergy offers levelized billing too. I almost fell for it until I realized the average monthly charge does not take into account any surcharges. It would actually cost me more to do the levelized billing
Posted on 11/13/15 at 2:40 pm to upgrade
They don't estimate what you are going to use. They take the average of your previous 12 months use. The math is right on the bill so there is no way to screw you. I use Entergy, not Cleco though.
Posted on 11/13/15 at 2:44 pm to MikeBRLA
Cleco is the same way. They use the last twelve months to avg your bill.
Posted on 11/13/15 at 2:55 pm to MikeBRLA
quote:
They don't estimate what you are going to use. They take the average of your previous 12 months use.
So my bill would be based on what I used LAST year.
Sounds like an estimate to me.
This post was edited on 11/13/15 at 3:29 pm
Posted on 11/13/15 at 3:57 pm to slapahoe
I use cleco levelize billing and it is an average if your last 12 months. You have to he a customer for at least a year to enter into the program.
Posted on 11/13/15 at 4:01 pm to Trout Bandit
quote:
Trusting utility companies is how people get screwed over.
yeah, i feel like i won't monitor my summer usage as much if its levelized. i'm an ac nazi for 3-4 months of yr
Posted on 11/13/15 at 4:21 pm to Chad504boy
I use it. And it's a rolling 12 month scale so it's a damn good indicator and it helps us budget. We love it.
Posted on 11/13/15 at 7:50 pm to upgrade
quote:
So my bill would be based on what I used LAST year.
Sounds like an estimate to me.
It's an estimate, but they make adjustments based on your actual usage. You will still only pay for exactly what you use in a 12 month period.
Posted on 11/14/15 at 9:23 am to slapahoe
I used it in Florida with FPL. Have Cleco now and will probably look into it here after a year.
Posted on 11/14/15 at 12:01 pm to TigerBandTuba
No way they offer this without it benefiting them and not the customer.
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