Quote:
|
Originally Posted by Broken Arrow
I used to use the equalizing plan. As far as I know, I didn't end up paying any more or less than I it would have costed me without the equalizing plan.
|
You definitely don't pay any more. You just pay it in equal installments, rather than having a big electric bill during the heat of the summer and a small one during the winter (unless you have electric heat).
What you do need to realize, however, is on the equal plan, if your usage exceeds your payments, in the 12th month, you can get a large bill so you need to keep track of your actual usage. Of course, the flip side is if your usage is less than your payments, you can end the year with a credit and owe nothing in that 12th month which is always nice.